India Insurance News : Cumulative Bonus in Health Insurance Explained

Today, buying health coverage has turned into a necessity; health insurance gives you financial support by covering your medical expenses, cost of hospitalization, consultation expense, and ambulance charges, to mention a few.

Health insurance has many interesting and valuable features which is often of great advantage for you, one such feature is the ‘cumulative bonus’.

Cumulative bonus in health insurance refers to the reward you gain if you haven’t made any claim in the last policy year. This bonus keeps accumulating over the years for each and every claim-free year, up to a specific limit and applies on both, individual and family floater policy basis.


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