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If we take insurance of two companies, will we get the claim of both companies if we get sick?  

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Shailesh Kumar, Co-founder, Insurance Samadhan verified
Answered on December 11,2021

Dear 

Health insurance works under the principle of indemnity and you will be compensated to the extent of loss only .

No one stops you in buying multiple insurances but you shall get claim from one insurance provider , you can not take claim of same expenses from multiple insurers .

Example : A buys one policy of Rs 10 lakh from one insurer .

B buys insurance of Rs 5 lakh each from two insurance companies .

Both fall sick with an expense of Rs 7 lakh .

A will get claim of Rs 7 lakh .

B will also  get Rs 7 lakh , Rs 5 lakh from one insurer and Rs 2 lakh from other .

Hope this clarifies 

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