Clipped from: https://www.financialexpress.com/industry/need-to-close-insurance-protection-gap-in-country-irdai-member/2350073/ She was speaking at the insurance summit organised by the National Insurance Academy, Pune, on the insurance protection gap in the country. G
Category: Insurance-Health-Vehicle-Life etc
Latest Court Decisions are from some of the High Courts and from Supreme Court of India
Not possible to change the due date of premium payment once the policy becomes active – The Financial Express
lipped from: https://www.financialexpress.com/money/not-possible-to-change-the-due-date-of-premium-payment-once-the-policy-becomes-active/2348624/ Even if the plan has been discontinued by the company, you will receive the designated maturity amount as per the product guidelines. Life
Compare premium rates to get a policy that best suits your pocket | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/compare-premium-rates-to-get-a-policy-that-best-suits-your-pocket-121100101266_1.html To combat tighter underwriting standards, consult a distributor that could point you towards an insurer that covers people with your profile Insurers have
Benefits offered by OPD cover should be in line with your family’s needs | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/benefits-offered-by-opd-cover-should-be-in-line-with-your-family-s-needs-121100700239_1.html If OPD coverage is built into a policy, or is offered as a rider, the limit will be specified OPD expenses, while individually
On Digital Health ID, proceed with caution | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/digital-health-id-electronic-medical-records-7554392/ Government must weigh all pros and cons, learn from experiences of other countries to ensure that a good policy does not die due
Here’s how you may lower the chance of deadly brain stroke – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/how-to/heres-how-you-may-lower-the-chance-of-deadly-brain-stroke/articleshow/86774197.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Stroke is a leading cause of death and disability worldwide. A stroke typically occurs because of a blockage, such as a blood clot,
How your health insurance will help if taking treatment at a non-network hospital – The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/how-your-health-insurance-will-help-if-taking-treatment-at-a-non-network-hospital/2343457/ Health insurance companies on board a number of hospitals, clinics on their network. These networked medical facilities provide services to policyholders at a
What is Third-Party Administrator (TPA), Relevance in Health Insurance? | The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/what-is-a-third-party-administrator-tpa-and-its-relevance-in-health-insurance/2341756/ A TPA plays an indispensable role in the complete processing of a health insurance claim. Representative image As people realized that health emergencies
Buying health insurance for senior citizens? Consider these important factors first – The Financial Express
Clipped from: https://www.financialexpress.com/money/buying-health-insurance-for-senior-citizens-consider-these-important-factors-first/2342036/ As one’s parents age, the hospital visits and ailments increase. In the backdrop of such a landscape, the best decision one can make
Buying health insurance online | Deccan Herald
Clipped from: https://www.deccanherald.com/business/family-finance/buying-health-insurance-online-1002189.html People are ensuring that their lives are secured with a comprehensive health insurance policy to cater to their changing healthcare needs Representative During
Health insurance: Insurers need to own hospitals so as to reduce medical costs – The Financial Express
lipped from: https://www.financialexpress.com/money/insurance/health-insurance-insurers-need-to-own-hospitals-so-as-to-reduce-medical-costs/2339036/ This impasse has been going on for years. No wonder Indian health insurance has the highest complaints rate as compared to other countries.
Seniors should buy health plans with some co-pay if premium has to be low | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/senior-citizen-health-insurance-plans-seniors-should-buy-health-plans-with-some-co-pay-if-premium-has-to-be-low-121092400807_1.html Health insurance plans for elderly: They might want to consider critical illness covers, super top-ups and plans that cover homecare treatment among other
ITR filing penalty: These taxpayers don’t have to pay late fee for missing deadline – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-filing-penalty-these-taxpayers-dont-have-to-pay-late-fee-for-missing-deadline/articleshow/86029470.cmsSynopsis There are certain individuals who can file their ITR without paying a penalty even after the expiry of the deadline. Let us take
Insurers likely to further tighten underwriting norms for term plans | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/insurers-likely-to-further-tighten-underwriting-norms-for-term-plans-121092101177_1.html The source also added that retail term plan prices may go up further, even though the reinsurer has not specified it at this
Enforced bumper-to-bumper cover won’t work logistically or economically: HC | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/enforced-bumper-to-bumper-cover-won-t-work-logistically-or-economically-hc-121091400921_1.html Withdraws its previous order, entrusts lawmakers to examine need for amendment in law on wide coverage of vehicles so as to protect victims
Madras High Court withdraws order on bumper-to-bumper insurance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/madras-high-court-withdraws-order-on-bumper-to-bumper-insurance/article36455059.ece The Madras High Court has withdrawn its order on bumper-to-bumper insurance following submissions made by counsels of Insurance Regulatory and Development Authority of
Surety insurance cover limit set at 30% of project value: IRDAI | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/companies/surety-insurance-cover-limit-set-at-30-of-project-value-irdai-7501740/ The guidelines once approved and implemented promise to address the high funding requirement for construction and infra companies. Surety insurance contracts cannot be
How to stay away from heart disease, BP, obesity, diabetes? The answer is in your food – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/how-to/how-to-stay-away-from-heart-disease-bp-obesity-diabetes-the-answer-is-in-your-food/articleshow/86057287.cmsSynopsis Choose the right anti-inflammatory foods, and you may be able to reduce your risk of illness. “Let thy food be thy medicine and
IRDAI’s new norms on cyber insurance for individuals cover online theft of funds, identity, social media – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/insure/irdais-new-norms-on-cyber-insurance-for-individuals-cover-online-theft-of-funds-identity-social-media/articleshow/86067769.cmsSynopsis The Insurance Regulatory and Development Authority of India (Irdai) has underlined the need for cyber insurance by citing the increase in digital frauds
Covid treatment bill: They survived Covid, but then came the Rs 1 cr bill: Will these families recover from financial stress? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/plan/they-survived-covid-but-then-came-the-rs-1-cr-bill-will-these-families-recover-from-financial-stress/articleshow/85921092.cms SynopsisFamilies are going to extraordinary lengths to fund treatment of their loved ones, including selling their houses. The question is, will they ever
