Bajaj Allianz
Sales: 1800-209-0144   |   Service chat: +91 7507245858


Copayment is a cost-sharing requirement under a health insurance policy that provides that the policyholder/insured will bear a specified percentage of the admissible claim amount. It does not reduce the sum insured. It is a bid to ensure optimal utilization of benefits by policyholders, whereby a percentage of the claim amount will have to be borne by the insured while the insurance company pays the balance. If you find this health insurance term confusing, then check out this comic strip to understand copayment better. Copayment To know more about our policies and find the best health insurance cover for yourself and your family, check out our health insurance plans.

Copayment 5.00/5 (100.00%) 2 votes

Like this article? Share it with your friends!

Published on:13 Mar, 2015

By: | Tags: , , , , , , , , , , | Comments: 0

Share Your Thoughts. Leave a Comment Below!


Read previous post:

Finding the Best Health Insurance for Senior Citizens

With sky-rocketing hospitals bills and dependence on private hospitals for quality treatment, it has become imperative to buy health insurance...

motor insurance dos and donts
Motor Insurance Online – Dos and Don’ts

Today, cars and two wheelers have moved beyond being just a status symbol to being a necessity for every household....

Schengen Travel Insurance

Planning a trip to Europe? Whether you are traveling for business or pleasure, travel insurance is necessary for getting your...