When choosing a health insurance policy with EMI, it’s essential to consider several factors. Health insurance companies to allow policyholders to pay their annual health insurance premiums in equated monthly instalments (EMIs).
Buying Health Insurance with EMI – Should you? Read More »
Insurance regulator IRDAI has removed the age limit of 65 years for individuals buying health insurance policies, marking a significant departure from the constraints that limited individuals in securing comprehensive coverage.
Big News – Senior Citizens above 65 yrs age can also buy Health Insurance Read More »
Among the various legislative frameworks addressing this need, one scheme stands out as a key contributor to fulfilling health insurance requirements for workers. This scheme reflects a commitment to the welfare of workers, emphasizing the importance of accessible and affordable healthcare for those contributing to the economic fabric of the nation.
Which Scheme of Act Provides Health Insurance Requirements for Workers? Read More »
Planning for family’s financial security with consideration for inflation is crucial. Explore innovative savings products from insurance companies that offer dual protection net and increasing income to secure your family’s future.
Is there an insurance plan to preserve family savings amidst inflation Read More »
The IRDAI has shortened the eight-year moratorium period that renders claims unrebuttably due to omission of pre-existing disease disclosure to five years. Similarly, policyholders will now only need to wait three years rather than four for their declared pre-existing conditions, like diabetes or hypertension, to be covered due to a shortened waiting period for pre-existing illnesses, according to Dr. B. Mishra, Director of Claims, Underwriting and Product Niva Bupa Health Insurance.
Low life insurance customer satisfaction is a result of shifting consumer expectations and a lack of brand distinction, according to a recent Hansa Research report. This survey, utilizing the Net Promoter Score (NPS) metric to gauge customer satisfaction within the life insurance industry, indicates same ranking in this critical area from 2023 to 2024.
Top 12 Life Insurance Customer Satisfaction in 2024 Read More »
It is critical that policyholders comprehend cumulative bonuses. Insurance firms offer this benefit to policyholders who do not submit any claims throughout the course of the policy year as a form of encouragement. A cumulative bonus encourages people to prioritize preventative care and adopt healthy lifestyles, which reduces the number of claims.
Cumulative Bonus in Health Insurance – Why You Should Know About It? Read More »
Proposed Health Insurance Regulator would also address issues such as standardization of treatment costs and fast settlement of claims.
New Health Insurance Regulator May Arrive Sooner Read More »
Sum Insured in Health Insurance is vital for securing adequate insurance coverage. While they sound similar, they have distinct meanings in life and health insurance. Sum Assured is the payout amount upon the policyholder’s demise, whereas Sum Insured is the maximum coverage for medical expenses. Familiarizing yourself with these terms empowers you to make informed insurance decisions tailored to your needs.
What Is Sum Insured in Health Insurance? Read More »
In this article, we will delve into the complexities surrounding the coverage of suicidal deaths in life insurance policies in India. We will also explore the various clauses, exclusions, and factors that come into play when assessing coverage for such cases.
Is Suicidal Death Covered in Life Insurance Policy in India? Read More »
