Sum Insured in Health Insurance

close {{member}} {{ healthCtrl.getMemberCount(member) }}

Port my existing Policy


I agree to the  Terms & Conditions

You can select more than one member


  • -{{familyMember.multipleCount}}+ Max {{healthCtrl.maxChildCount}} kids
    (You can add multiple)

All about Sum Insured in Health Insurance

Choose the Right Sum Insured for your Health Insurance Policy

What is Sum Assured?

Difference between Sum Insured and Sum Assured

Sum Insured

Sum Assured

Sum insured is the value applied to Non-life insurance.

Sum assured is the value applied to Life insurance policies.

It basically is based on the principle of indemnity, that provides a reimbursement/ compensation to damage/loss.

It is that fixed amount that the insurer pays the policyholder in case of an eventuality.

There is no monetary benefit rewarded, its reimbursement as per the Sum Insured.

Sum assured is a monetary benefit that is given to the insured or his/her family after policy’s term is up.