lipped from: https://www.financialexpress.com/money/insurance/irdai-asks-insures-to-be-more-transparent-in-health-insurance-claims-settlement-specify-reasons-of-denial/2217149/ It is essential that all insurers establish procedures to let policyholders get clear and transparent communication at various stages of claim process, Irdai
Category: Insurance
Latest Court Decisions are from some of the High Courts and from Supreme Court of India
Irdai asks insures to be more transparent in health insurance claims settlement, specify reasons of denial – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/insure/irdai-asks-insures-to-be-more-transparent-in-health-insurance-claims-settlement-specify-reasons-of-denial/articleshow/81615426.cmsSynopsis “All the insurers shall ensure putting in place systems to enable policyholders track the status of cashless requests/claims filed with the insurer/TPA through
Housing Complex & Home Insurance | Right Policy
Clipped from: http://rightpolicy.in/home-insurance/ Home Insurance is the most unsold product in the General Insurance Industry probably because of the low premium and our belief that nothing
vehicles: Scrapping Policy: Fitness renewal charges for transport vehicles older than 15 years proposed to go up by 62 times – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/scrapping-policy-fitness-renewal-charges-for-transport-vehicles-older-than-15-years-proposed-to-go-up-by-62-times/articleshow/81555868.cms SynopsisET has reviewed a copy of the draft notification, as per which, renewal of registration after 15 years for two wheelers, the cost
Unsettled Fasal Bima claims rise as states delay premium – The Financial Express
Clipped from: https://www.financialexpress.com/economy/unsettled-fasal-bima-claims-rise-as-states-delay-premium/2212543/ Claims worth Rs 1,866 crore were yet to be paid to farmers, while defaulting states were to pay their shares of subsidy to
Should you go for diabetes insurance? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/pick-of-the-day/should-you-go-for-diabetes-insurance/article34061354.ece?homepage=true Consider your age, lifestyle and family history instead of choosing a plan just based on cost India has about 77 million people with
All you need to know about critical illness insurance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/big-story/all-you-need-to-know-about-critical-illness-insurance/article34060903.ece?homepage=true Given the huge medical expenses related to critical illnesses, targeted insurance policies for the same could come in handy Having an insurance policy,
Bite-size insurance products whet customer appetite – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/bite-size-insurance-products-whet-customer-appetite/article34055116.ece?homepage=true Companies designing targeted policies at premiums starting as low as ₹200 Amidst muted sales and low penetration, insurance companies are taking a leaf
Axis Bank looks to strengthen position in insurance sector – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/axis-bank-looks-to-strengthen-position-in-insurance-sector/article34067261.ece?homepage=true Signs agreements for 9.9% stake in Fettle Tone, promoter of Max Bupa Health Insurance In a bid to further consolidate its position in
How health cover cushioned impact of Covid – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/how-health-cover-cushioned-impact-of-covid/article34068159.ece?homepage=true Safeguarding public health was the main concern of the government, but for insurers, designing viable products was the goal Health insurance has come
Finance ministry cracks the whip on insurance companies for ignoring MSMEs | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/finance-ministry-cracks-the-whip-on-insurance-companies-for-ignoring-msmes-121030400382_1.html Reluctant insurers have failed to offer the cover especially curated by the ministry following the UK Sinha panel’s recommendations The department of financial
Better resolution of policyholders’ complaints – The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/insurance-better-resolution-of-policyholders-complaints/2207441/ Insurance ombudsman rules have been amended to allow policyholders to lodge complaints digitally and ensure faster resolution The ombudsman acts as a counsellor
ICICI, HDFC, SBI will have to offload Rs 1.2 lakh cr if RBI caps stake in insurance arms: Report – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/icici-hdfc-sbi-will-have-to-offload-rs-1-2-lakh-cr-if-rbi-caps-stake-in-insurance-arms-report/2206498/ Almost all state-run banks and large private sector banks also have unlisted life and non-life insurance ventures. It was also reported that the
Do NRIs need health insurance in India? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/do-nris-need-health-insurance-in-india/article34062936.ece Piggy Bank On Lifebuoy, 3d Render – Sezeryadigar Piggy Bank On Lifebuoy, 3d Render – Sezeryadigar× Useful under some situations when visiting home
Health insurance premium may not rise this year – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/health-insurance-premium-unlikely-to-be-revised-this-year/article34060229.ece?homepage=true Insurers clarify no need for declaration on Covid vaccination Your health insurance premium is unlikely to be revised this year as most insurers
Irdai asks insurers to bring standard accident cover from Apr | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/irdai-asks-insurers-to-bring-standard-accident-cover-from-apr-121022600639_1.html The insurance regulator has asked general and health insurance providers to provide standard personal accident cover products Representational image Insurance regulator Irdai has asked
Irdai launches standard personal accident cover, maximum Rs 1 cr assured | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/irdai-launches-standard-personal-accident-cover-maximum-rs-1-cr-assured-121022600055_1.html The insurance regulator has come out with a standard personal accident cover, which the general and standalone health insurers have to mandatorily offer
Reimagining India’s healthcare – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/reimagining-indias-healthcare/2210213/ NDHM holds significant promise on transforming India’s healthcare system, especially for the country’s most underserved The success of ODE depends to a large
Insurers may soon be able to launch covers without regulator nod | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/insurers-may-soon-be-able-to-launch-covers-without-regulator-nod-121031100053_1.htmlSubhash C Khuntia Irdai wants to move to a ‘use and file’ system where insurers can market products without first obtaining an approval from the regulator, said
Why buy individual health plans for parents | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/why-buy-individual-health-plans-for-parents-7219652/ It is not just the coronavirus, senior citizens are usually more vulnerable to diseases and hence it is necessary to cover them under