Page 29 - Health Insurance

Enter term insurance early, lock in the premium as delay means higher cost

The average term premium increases exponentially with age

Growth in health insurance segment slows as fear of Covid-19 subsides

Within health insurance, it was the retail segment that recorded impressive growth

PM to launch Ayushman Bharat scheme to cover all J&K residents

The scheme is to extend health insurance coverage to all residents of Jammu and Kashmir

PM to launch SEHAT, health insurance scheme for Jammu-Kashmir on Dec 26

Prime Minister Narendra Modi will launch the PMJAY - SEHAT scheme on December 26 for Jammu and Kashmir.According to the Department of Information and Public Relations, Government of Jammu and Kashmir, SEHAT scheme stands for Social, Endeavour for Health and Telemedicine, a health insurance scheme for the Union Territory. The department termed it a "historical moment" for the erstwhile state."Historic moment for J & K. Hon'ble Prime Minister Shri Narendra Modi is going to launch #SEHAT - "Social Endeavour for Health and Telemedicine " Health Insurance scheme for the entire J & K on December 26, 2020," the department wrote on Twitter.The Office of Manoj Sinha, Lieutenant Governor of Jammu and Kashmir, said that all inhabitants of the Union Territory will receive free cashless health cover up to Rs 5 lakhs."Historic moment for J & K. Hon'ble Prime Minister Sh. Narendra Modi will launch PMJAY- SEHAT scheme on 26th December 2020. All the inhabitants of J & K to get free ...

Premium should be less than 10% of sum insured on a senior's health policy

The average annual increase in a senior citizen's health cover should be 4-5 per cent

Star Health aims premium collection of Rs 10,000 cr in current fiscal

The company has close to 15 per cent of market share in the overall health insurance segment, including all general insurance players

Razorpay gears up to digitise small businesses; aims at $50 bn TPV by 2021

Due to lack of trust, new merchants usually see 30% higher cart abandonments on the checkout page as compared to established merchants; Razorpay is aiming to change that

WhatsApp to help users in India buy 'sachet-sized' health insurance

WhatsApp said by the end of this year, buying affordable health insurance coverage from SBI General leveraging WhatsApp, will be a reality

Consumers gravitating towards higher sum insured in health policies

Covid drives awareness of need for health insurance, consumers also buying plans in the range of Rs 25-50 lakh

Choose a high-value health insurance policy for wide coverage amid Covid-19

Buy one at the earliest as underwriting norms tend to be strict in them

Non-life insurers get Covid-19 claims worth Rs 10,000 crore as of Dec 11

The insurers have settled 508,334 claims amounting to over Rs 4,800 crore

ICICI Lombard revamps health offerings in view of evolving customer needs

The insurer has launched four new plans ---- health shield, health shield plus, health elite, and health elite plus ---- that are part of its 'complete health insurance' offering

Mandating insurance not the way forward to boost penetration: Irdai member

T L Alamelu says health insurers need to address trust deficit; regulator has tried to standardise areas of concern such as definitions, pre-existing diseases, among others

Health covers are not a last-resort offering

Covid will change the health insurance industry permanently. The perception of consumers towards insurance has moved from mere compliance or tax saving towards a protection standpoint

A snapshot of health insurance policies premiums rates offered by firms

Here is how the health insurance policies premium rates offered by various companies stack up

Is Health Insurance A Necessity?

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Looking for insurance cover? Go for policies that offer wide coverage

Those who don't have comprehensive health cover may consider a Covid-specific policy

India Coronavirus Dispatch: Health insurance premiums surge two-fold

Arthritis drug can reduce death rate in Covid-19 patients by 71 per cent, new study sheds light on virus, scams in the name of cures, and more-news on how the country is coping with the pandemic

Irdai to bring in standard vector-borne disease cover of up to Rs 2 lakh

Policyholders can choose protection against any one or more ailments such as dengue, malaria, filaria, etc; price for every covered disease to be set separately

Non-life insurers report marginal decline in October premium collections

This, despite good growth in premiums by standalone health insurers, aided by rise in demand for health plans in the country