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Did you know that health insurance and medical insurance are two different names for the same insurance product? Despite the fact that each of these items serve the same goal, they are distinct and have distinct features. Depending on one's healthcare needs, one should carefully pick between these two options. Up to a specific level, indemnity insurance covers the real amount. Indemnity insurance, such as medical insurance, is a type of indemnity insurance. Critical sickness insurance, accidents, and hospital cash are examples of benefit packages that pay a lump sum payment.

We'll look the differences between Mediclaim insurance vs Health insurance at iiflinsurance.com.

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