Health Insurance offers coverage to the policyholder for medical expenses in case of any health emergency. A health insurance plan chosen by the insured gives inclusion to various costs including surgical expenses, day-care expenses, and critical illness.

A health insurance policy is a contract between the insurer and policyholder wherein the insurance company provides financial coverage for medical expenses acquired by the insured. A health policy provides the benefit of reimbursement of medical expenses or cashless treatment mentioned in the health policy.