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Understanding "Per Event" Limits in International Private Medical Insurance (IPMI)

Per Event" Limits in IPMI - What You Need to Know

“Per event” is a term commonly used in insurance policies, including International Private Medical Insurance (IPMI), to describe a coverage limit or maximum benefit that is set for a specific event or occurrence. This type of coverage limit applies to the total amount of benefits a policyholder can receive for a specific condition, procedure, or treatment in one instance or episode.

For example, an IPMI policy may have a maximum benefit limit “per event” for a specific medical procedure such as a hospital stay. This means that the policyholder is entitled to receive a maximum of X amount of benefits for that hospital stay, regardless of how long they may need to stay in the hospital. Once the maximum benefit has been reached for that event, the policyholder will be responsible for paying any additional expenses related to that hospital stay.

It’s important for policyholders to understand the “per event” limits of their IPMI policy and to keep track of any claims they make against those limits, so that they can plan for any out-of-pocket expenses that may arise in the future. Policyholders should carefully review their policy documents and seek advice from their insurance company if they have any questions about their coverage.