Insurers can offer sum insured of less than Rs 1 lakh, while the maximum can exceed Rs 5 lakh. Insurers could earlier offer policies only in the Ra 1-5 lakh sum insured range
The insurance regulator has revised its guidelines around the standard cover for the third time
The insurance regulator has revised its guidelines around the standard cover for the third time
Non-life insurers can sell both, benefit-based and indemnity-based short-term health covers
Non-disclosure not a valid ground after moratorium period
Waiting period for bew customers reduced from 30 days to 15 days for covid-related claims with no hike in premium. Claims related to other illness will still have a 30-day waiting period
A bench comprising Justices Rohinton Fali Nariman, Navin Sinha and B.R. Gavai issued the notice and sought replies from the Centre and IRDA
Insurers will have to approve claims after the policy is eight years old
Communities and firms all over India need to look at their local situation, and come together to improve the outcome
When buying a home insurance cover, opt for reinstatement value as the sum insured
The equity infusion is in sync with the long term vision of the Company to be future-focused, explore its full potential and accelerate growth
From hospitals' response to rising cases, to the feasibility of work from home in the long run, and how ICMR inflated accuracy of its antibody test kits - read these and more in today's India dispatch
A comparison of the health plans offered by various insurers
From one testing lab for 30 million people, to the meaning of community transmission, and how fast coronavirus can spread via hospital surfaces - read these and more in today's India dispatch
This is because insurers are levying a nodal charge of 3-4 per cent on premium paid through instalment
Some insurers have already started increasing premiums, and others are expected to do so in the next six months
Utilise the relaxed phase to complete unfinished tasks on personal finance agenda
You also need to take into account exclusions and sub-limits
Here is a comparison of top 10 insurers offering health insurance of Rs. 10 lakh sum insured along with the option of choosing a Super Top-up plan of Rs 10 lakh sum insured
The scheme is applicable for the customers of ProHealth Insurance plans who have an obligation of mandatory co-payment benefit and policy is issued on or before April 30, 2020