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IndiaInsurance
26th November 2021, 11:58 AM
https://img.etimg.com/photo/87755253.cms (https://economictimes.indiatimes.com/wealth/insure/health-insurance/how-to-make-claim-with-multiple-health-insurance-policies/articleshow/87755253.cms)While the payment of an indemnity plan is linked to actual expenses the defined benefit plan pays the claim on occurrence of a pre-defined disease with specific severity irrespective of the expense incurred.

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