What is the primary advantage of being admitted to a network hospital under your health insurance policy?

Guaranteed full coverage of medical expenses Faster claim processing and settlement Cashless claim settlement, eliminating upfront payments Priority treatment and shorter wait times

Why might an insurance company decline a cashless claim even if the insured is in a network hospital?

The hospital is not a preferred provider within the network The insurer suspects a complex medical condition requiring extensive coverage The insured has a history of frequent claims The policy does not include cashless claim benefits

What is a key limitation of the 'restoration benefit' in some health insurance policies?

It only applies to individual policyholders, not family floater plans The restored coverage is significantly lower than the original sum insured It may only apply to claims for different illnesses, not multiple claims for the same condition The benefit is only applicable after a certain number of years without claims

What is the primary purpose of the 'no claim bonus' feature in health insurance?

To reward policyholders for maintaining good health and not filing claims To reduce the premium amount for subsequent policy renewals To provide additional coverage for critical illnesses To offer discounts on preventive health check-ups

Under what circumstances does a health insurance policy typically cover 'domiciliary hospitalization'?

When the insured prefers home treatment for convenience When hospitalization is deemed necessary but hospital beds are unavailable For minor illnesses that do not require extensive medical intervention When the insured's residence is located far from any suitable medical facility