Million medical insurance and critical illness insurance have distinct purposes and coverage areas
Million Medical Insurance: 1. Coverage: Designed to cover high medical expenses such as hospitalization, surgeries, outpatient treatments, and other medical costs. 2. Claim Process: Reimbursement-based; you pay upfront and then submit claims for reimbursement within the policy’s limits and deductibles. 3. Premiums: Typically lower compared to critical illness insurance, often paid annually and increasing with age. […]
