The coverage under a critical illness plan is available only to those who are not yet diagnosed with cancer.
After purchasing a policy, do not surrender it midway through tenure
Supplement it with a retail plan with adequate sum insured, and no room rent or disease-wise capping
Sum insured must be adequate, include consumables like PPE kits
Expanding the ambit of beneficiaries, now the government will also bear the insurance premium of families of Economically Weaker Sections
Features like recharge and guaranteed no-claim bonus enhance the cost-effectiveness of health insurance policies
Go for cashless treatment where available, as the reimbursement route is more burdensome
Around 54 per cent customers in tier 1 cities, 18 per cent in tier 2 cities, and 28 per cent in tier 3 cities ported to a higher health cover
Buy a plan with a short waiting period for pre-existing diseases and low co-pay
The best way to save on cost of term insurance is to enter at an early age
Health ministry says a new dispensation will be provided to cover the "corona warriors".
Health insurance products calculated based on historical data will get better information, says T L Alamelu
With a pandemic raging, you must buy your own personal health cover for your family to supplement the group cover
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
A comparison of the health plans offered by various insurers
'Covid-19 Protection Cover' provides an instant Rs 25,000 benefit plan for to the customer if he tests positive for Covid-19
IRDAI has so far received 173 proposals, most of which incentivise wellness in the health insurance space through the use of apps and wearable devices
Make changes where required so that your investment and insurance portfolio are equipped to meet the rigours that 2020 may have to offer
The average senior citizen couple spends close to Rs 2 lakh on day-to-day health care expenditures every year