INTERVIEW QUESTIONS INSURANCE HEALTH INSURANCE DETAILS

Question: Can you please tell me what a restore option is in a health insurance plan?

Answer: The restore option is a relatively new feature being included by health insurance service providers to attract more people. Under such a plan, in case the opted health cover gets exhausted the cover amount gets renewed to the extent of base cover amount subject to some terms and conditions.

While restore option is generally beneficial for the insurer, most health insurance companies do not allow restoration amount to be used for same illness because of which the cover was exhausted in the first place. Also one can only take one restore cover in one policy year. Make sure to check with your health insurance company about the restrictions in the restore option before taking a final call.

The restore option is a relatively new feature being included by health insurance service providers to attract more people. Under such a plan, in case the opted health cover gets exhausted the cover amount gets renewed to the extent of base cover amount subject to some terms and conditions.

While restore option is generally beneficial for the insurer, most health insurance companies do not allow restoration amount to be used for same illness because of which the cover was exhausted in the first place. Also one can only take one restore cover in one policy year. Make sure to check with your health insurance company about the restrictions in the restore option before taking a final call. Source: CoolInterview.com

If you have the better answer, then send it to us. We will display your answer after the approval.

Rules to Post Answers in CoolInterview.com:-

• There should not be any Spelling Mistakes.
• There should not be any Gramatical Errors.
• Answers must not contain any bad words.
• Answers should not be the repeat of same answer, already approved.
• Answer should be complete in itself.

Name :*
Email Id :*
Answer :*
Verification Code	Not readable? Load New Code
Enter the above shown code: *
	Inform me about updated answers to this question