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
With the onset of this pandemic, policyholders should now take the next crucial step of understanding how to go about filing a health insurance claim
Tapan Singhel, managing director (MD) and chief executive officer (CEO), Bajaj Allianz General Insurance, in an interview with Subrata Panda, speaks about the company's business during the lockdown.
The motor and health segments led the decline in premiums for the industry as the month saw premium fall by 9 per cent.
The officials said about 790 claims have been lodged claiming about Rs 15.75 crore with several non-life insurers.
Motor segment saw a 7 per cent decline in premiums, while health registered an 11 per cent decline in premiums
The apex court noted that there was continuous insurance coverage since 2007 and there was no evidence to show that the ailment was pre-existing
Option can be a permanent feature of health policies or can be a temporary relief for policyholders for 12 months
If the renewal of motor third party and health policy falls due between March 25 and May 3, the lockdown period, then policyholders can make the renewal payment on or before May 15
If the premium payment remains overdue even after the grace period, the policy lapses and usually the benefits of the policy are no longer available to the policyholder
Since they are more vulnerable, medical insurers may become more wary