Medical insurance (also called health insurance) helps cover the cost of medical care, reducing your out-of-pocket expenses for hospitalization, surgeries, medicines, and other eligible treatments. The exact coverage depends on the policy you choose.

If you're in India, common types of health insurance include:

Individual health insurance – Covers one person.
Family floater plan – Covers your family under a single sum insured.
Senior citizen plans – Designed for older adults.
Critical illness plans – Pay a lump sum if you're diagnosed with a covered serious illness.
Top-up and super top-up plans – Provide additional coverage beyond a base policy.