Mediclaim insurance is a health insurance policy that covers medical expenses incurred due to illness, accidents, or hospitalization. It reimburses the insured for hospital bills or provides cashless treatment at network hospitals. Mediclaim helps individuals and families manage rising healthcare costs without draining their savings. The policy typically covers hospitalization charges, doctor’s fees, diagnostic tests, surgeries, and medications. With the increasing cost of healthcare, having mediclaim insurance ensures timely and quality treatment while offering financial security. It is an essential part of financial planning for individuals of all age groups.