8e45597f_ossary___MicroInsurance_Centre__Term
[Definition] Often related to health insurance, reimbursement is the payment by an insurer of the expenses actually incurred and paid by the insured as a result of an accident or sickness, but not to exceed any amount specified in the policy, and covering only those expenses noted in the policy. Reimbursement is usually based on receipts. [Term] 
Reimbursement
Glossary - MicroInsurance Centre
Term