Clipped from: https://www.thehindubusinessline.com/todays-paper/article34630389.ece Average claim size shrinks to Rs. 95,000, duration of stay down to six days Reflecting the surge in cases, Covid-related health insurance claims
Category: Insurance
Latest Court Decisions are from some of the High Courts and from Supreme Court of India
Smart tips for buying a home insurance policy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/smart-tips-for-buying-a-home-insurance-policy/article34623882.ece Those living in rented properties can also secure contents Many citizens are impacted by some or the other natural disaster every year. The
Insured, but still paying 40% of Covid treatment costs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/insure/insured-but-still-paying-40-of-covid-treatment-costs/articleshow/82785513.cms Synopsis–That’s because insurers are not aligning payouts to realities of Covid treatment. Fine prints of most health policies exclude coverage of expenses on
Greater insurance cover or low premium: Strike a balance, say experts | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/greater-insurance-cover-or-low-premium-strike-a-balance-say-experts-121051801504_1.html It is advisable to buy a policy that offers more comprehensive coverage In premium terms, the difference between a comprehensive policy and one
As Coronavirus lurks, Indians save wealth for health – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/as-virus-lurks-indians-save-wealth-for-health/articleshow/82750222.cmsSynopsis Companies and financial experts said that prospective customers are diverting funds that could have gone into the purchase of discretionary items toward unforeseen
Your Money: How health insurance can use data from wearables – The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/your-money-how-health-insurance-can-use-data-from-wearables/2254408/ This has also led to increase in demand of wearables and health apps. As per research firm IDC, the wearables market in India
Amid pandemic, home-care services for the elderly see a surge in demand – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/home-care-services-for-the-elderly-see-surge-in-demand/article34588689.ece?homepage=true ‘There is a significant growth in demand compared to first wave’ At-home care providers of the elderly are witnessing a surge in demand
Cyclone Tauktae: Consider Bharat Griha Raksha to shield against calamities | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/cyclone-tauktae-consider-bharat-griha-raksha-to-shield-against-calamities-121051800027_1.html To safeguard your vehicle against a cyclone, supplement a comprehensive motor policy with a couple of add-ons Strong sea waves near the Gateway
Unhappy with insurer’s response to your Covid claim? Move the ombudsman | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/unhappy-with-insurer-s-response-to-your-covid-claim-move-the-ombudsman-121051401193_1.html If your complaint has merit, the ombudsman, which is decidedly consumer-centric, could rule in your favour Kimti Lal Khatri, 55, a resident of
Insurance & real estate: Panel moots cover for allottees & successors – The Financial Express
lipped from: https://www.financialexpress.com/money/insurance/insurance-real-estate-panel-moots-cover-for-allottees-successors/2252239/ A few general insurance firms offer title insurance to developers, housing societies and their shareholders The panel has suggested synchronised efforts to popularise
How you can claim domiciliary hospitalisation benefit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/how-you-can-claim-domiciliary-hospitalisation-benefit/article34568467.ece In-built in some health covers Santosh and Sophia logged on to their regular morning Zoom call at work and finding that their other
Unhappy with insurer’s response to your Covid claim? Move the ombudsman | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/unhappy-with-insurer-s-response-to-your-covid-claim-move-the-ombudsman-121051401193_1.html If your complaint has merit, the ombudsman, which is decidedly consumer-centric, could rule in your favour Kimti Lal Khatri, 55, a resident of
Insurers see huge spike in Covid-19 claims as second wave sweeps India | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/insurers-see-huge-spike-in-covid-19-claims-as-second-wave-sweeps-india-121051500041_1.html In absolute numbers, over 83 per cent of claims have been settled, while in value terms, just 51.38 per cent of claims have
Covid-19 pandemic bares untapped home healthcare services in India | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/covid-19-pandemic-bares-untapped-home-healthcare-services-in-india-121051201433_1.html The shortage is magnified in clinicians, nurses and doctors focused on general and internal medicine, said Vishal Bali Founder, Nightingale One of the
Two new product structures for title insurance likely: | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/two-new-product-structures-for-title-insurance-likely-here-re-the-details-121051200038_1.html The regulator has now asked for inputs from stakeholders on recommendations of the working group by May 31, 2021 Promoters or developers can
Low premiums make firms wary of Covid-19 pandemic covers, say experts | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/low-premiums-make-firms-wary-of-covid-19-pandemic-covers-say-experts-121051200034_1.html Since their launch in July last year, these covers have generated strong sales, which started slowing towards the end of FY21 Some insurers
Claim can’t be denied on frivolous grounds | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/claim-can-t-be-denied-on-frivolous-grounds-121050900702_1.html As for the purchase of raw materials from its sister concern, the National Commission observed this was properly recorded and there were corresponding
How to make claim request if an insured person dies in hospital – The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/health-insurance-how-to-make-claim-request-if-an-insured-person-dies-in-hospital/2247947/ An insurance claim becomes admissible if an insured person remains hospitalised for more than 24 hours after getting admitted or dies in hospital
Insurance uncertainties, big dents on the wallet: second wave grips life in India like a constrictor – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/economy-and-policy/insurance-uncertainties-big-dents-on-the-wallet-second-wave-grips-life-in-india-like-a-constrictor/primearticleshow/82411229.cms Synopsis–As India fights pandemic’s second wave, the impact has been more deep-rooted. Families’ budgets have been shaken and more unpleasant realities are coming
Centre mulls relaxing Rs 2 lakh cash transaction limit for COVID-19 treatment–business today
Clipped from: https://www.businesstoday.in/current/economy-politics/centre-mulls-relaxing-rs-2-lakh-cash-transaction-limit-for-covid-19-treatment/story/438537.html The high court was hearing a plea seeking suspension of Section 269ST of the Income Tax Act which puts a bar on a
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