Medical indemnity insurance
Medical indemnity insurance is another type of health insurance that can help you cover the costs of medical treatments and procedures. It can provide protection if you experience a medical incident that results in expensive hospital bills.
This type of plan gives you a fixed cash benefit payout in case you experience specific illnesses or injuries covered by your policy.
For some people, one of these plans may be a helpful add-on to a regular health insurance plan to cover out-of-pocket costs for medical expenses they expect to incur during the year.