Health Insurance is one of the Insurance which not only pays for medical but also for surgical expenses which can be easily incured by the insured.
The meaning of ‘insured’ is the person with the health insurance coverage or the owner of the health insurance policy. It is the insurance against bodily injury and covers charges of medicines, hospital stay, doctor’s visit and other medical expenses.
There are many varities of health insurance such as Disability Insurance, Long Term Care Insurance and Critical Illness Insurance.