The Essence of Health Insurance
The easiest way to understand health insurance is that it protects you from the expensive costs if you are admitted to hospital*. Depending on the plan, you may be eligible to receive up to R1 million annual cover. What’s more, these insurance plans will provide you with cash pay outs to use as you wish. When you are hospitalised for more than 72 hours, your health insurance lump sum will be paid out to the value you are covered for.
* Insurance that pays non-medical expense cover as a result of hospitalisation.
* Insurance that pays non-medical expense cover as a result of hospitalisation.