Types of claim settlements

There are two types of claim settlements - reimbursement and cashless settlement.

Reimbursement claim settlement is when you settle hospital bills and subsequently make a claim with complete documentation.

Cashless claim settlement is when you intimate the insurance company or the Third Party Administrator (TPA) about your hospitalization requirement. The TPA then directs you to a network hospital and pays the expenses directly to the hospital. This payment is subject to deductibles and the sum insured, as specified in your travel insurance plan.

See also:

Procedure to claim in case of Baggage Delay/Loss/Flight

Delay/Cancellation or Missed Flight/Hijack Distress

Procedure to claim if passport is lost

Procedure to claim assistance in financial emergency

Procedure to claim in case of personal liability

Procedure to claim in case of burglary

Procedure to claim medical expenses in travel insurance