Buying an insurance policy for senior citizens is not easy. The cost is high. There is always the risk that the proposal could get turned down because the person suffers from certain ailments. And then there is the question of deciding which insurer’s policy offers better features. In this video, Sanjay Kumar Singh, Senior Assistant Editor, Business Standard demystifies the process for you
It is advisable to buy a policy that offers more comprehensive coverage
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The highest satisfaction has come from using my professional skills to help reconstruct the financial records of a family that lost its breadwinner
If your complaint has merit, the ombudsman, which is decidedly consumer-centric, could rule in your favour
In absolute numbers, over 83 per cent of claims have been settled, while in value terms, just 51.38 per cent of claims have been closed
Avoid over 5% exposure and have 5-7 years of investment horizon
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Insurance plan launched two years ago to help over 107 million people hasn't improved access to health care, say Duke University researchers.
The elderly should try to enroll for the group cover provided by their child's employer
The industry has outperformed its global peers, but mostly by exiting the bottom of the pyramid
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Order follows a Delhi HC directive to the insurance regulator on this issue
Irdai Chairman Subhash Chandra Khuntia talks to Subrata Panda on a range of subjects including shareholding of banks in insurance firms
Covid plans were in huge demand last year but have since petered out
State-owned insurer said it procured 2.1 crore policies in FY21, out of which 46.72 lakh were in March
OPD covers compensate for counselling sessions, but these always have a sub-limit
In a health emergency, speed of disbursement is more important than cost
This is a time to focus not on maximising upside gains but curtailing downside risks
Supplement a policy with a substantial emergency corpus