Insurance Distribution

1. is a monthly / annual or onetime fee that is paid to an insurance company or health plan to provide health coverage.
4. Facility is a facility provided by the insurers wherein the insured can get admitted and undergo the required treatment without paying directly for the medical expenditure.
7. If the insured seeks treatment in any of the non-network hospitals, the hospitalization expenses are __________ by submitting forms along with other documents to the insurer.
9. The policy can be renewed up to ________.
11. If there is a _______ period of 3 years and all pre-existing diseases will be covered from the 4th year.
14. Customer can avail tax benefits on the premium paid under section ___ of the Income Tax Act.

2. The term health insurance, popularly known as _________, is a type of insurance that covers your medical expenses.
3. A health insurance policy is a ________ between an insurance company and an individual.
5. Any diseases known or unknown prior to taking the policy are called as pre-________ diseases.
6. _______ period is a period wherein from the date of commencement of the policy for the next 30 days the customer will not get any benefits. But in case of accidents he will be covered from day one once the policy is activated.
8. A request filed by an insured to the insurance company to pay for services obtained from hospital.
10. Sum _______ is the maximum amount that the health insurance company will pay to the insured, according to the insurance contract, in the event of a claim.
12. There is no TPA involved. We have an in house claim settlement team called as HAT(Health Administration Team.
13. Any hospital that has entered into an agreement with insurer to provide cashless facility for its customers is called as a _______ Hospital.