Health Insurance

Critical illness insurance products offer financial protection against specific life-threatening conditions such as cancer, cardiovascular diseases, and strokes

According to General Insurance Council data, general insurers, who operate in multiple business lines, witnessed about 5 per cent YoY drop in premiums to Rs 17,399.3 crore in February

While premiums may rise over time, a good bonus-linked policy lowers the per lakh cost of sum insured

Health and life insurance are foundational elements of financial security-they protect against medical emergencies and provide long-term stability for families

AHNA exploring tie-ups with financial institutions to offer cashless payment alternatives for affected patients

Seniors should note to check and compare the current premium rates of different insurance providers. This review will help them understand if their insurance provider levies unreasonable premiums

While some policyholders face sharp hikes, many find ways to manage costs by switching plans or opting for features that reduce long-term expenses

Irdai's new accounting norms for premium reporting has resulted in insurers revising commissions on multi-year health policies

Insurance companies say that rising claims are the main reason behind the price hikes

Turtlemint's data shows that in Tier 2 and Tier 3 cities, premium per policy has increased by over 73% since 2020

To implement such a change, insurers must first submit evidence to Irdai demonstrating a direct correlation between toxic air and increased health insurance claims

With each delivery costing Rs 50,000 - Rs 2.5 lakh, maternity coverage is key in such plans, besides reproductive health issues, menopause, and women-specific diseases

It allows policyholders to block funds in bank accounts via UPI, ensuring a smoother transaction process without immediate debits

The company aims to simplify and democratise access to health coverage for individuals

Public Sector General Insurance Companies (PSGICs) have achieved financial turnaround in the December quarter, posting a combined profit of Rs 1,066 crore on the back of various reforms by the finance ministry. Public sector general insurance companies (PSGICs), that historically reported losses, witnessed a major turnaround with all of them becoming profitable again, the finance ministry said in a statement on Thursday. While Oriental Insurance Company Ltd (OICL) and National Insurance Company Ltd (NICL) started posting quarterly profits from Q4 of 2023-24 and Q2 of 2024-25, respectively, United India Insurance Company Ltd (UIICL) posted profit in Q3 of 2024-25 after a gap of seven years, it said. Notably, New India Assurance Company Ltd (NIACL) has consistently maintained its position as a market leader and has been making profits regularly, it said. New India Assurance Company recorded nearly 51 per cent drop in net profit to Rs 353 crore for the third quarter of the current ...

According to a parliamentary response by the Union Health Ministry in 2023, around 6.5 lakh families in Delhi are eligible

Finance Minister Sitharaman recently announced a hike in FDI limit in insurance sector from 74% to 100%

Our newsletter this week has stories on why health premiums for senior citizens are rising and how couples are celebrating Valentine's Day

Those who find premiums unaffordable should go for a plan with deductibles

Know about eligibility, key features, premium amount, benefits and discounts