Health Insurance Policy

Future of Family Health Insurance Plans in a Rapidly Changing World

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Diabetes health insurance in India: Plans, coverage, and costs explained

Diabetes cannot prevent you from getting a policy. You must disclose it as a pre-existing illness, but insurers cannot deny cover solely on this basis

Multi-year health insurance can save you from rising premiums: Explained

Multi-year health policies have now expanded to offer coverage up to five years, giving policyholders a longer period of stability

ManipalCigna Sarvah health insurance will cover expenses for organ donation

Company launches three variants of a policy that provide unlimited teleconsultation with a general physician and rewards for completing health activities under the Healthy Life Management Program

Love bungee jumping? Take accident cover before your next adventure trip

A medical cover may handle medical expenses but does not provide for the temporary or permanent loss of income during the recovery period and after, and expenditures such as travel costs

Top health insurance plans, annual premiums explained in one table

A list of top health insurance plans and their annual premiums to help you make an informed decision

What is the co-pay option in senior citizen health insurance

Health policies with copayment provisions tend to be more affordable since they lessen the insurer's responsibility by splitting losses between the insured and the insurer

Budget 2024: Govt likely to introduce insurance laws amendment bill

The government is likely to introduce a bill seeking amendments to the Insurance Act, 1938, during the upcoming Budget session to achieve 'Insurance for All by 2047'. Some of the provisions, which could be part of the amendment bill, include composite license, differential capital, reduction in solvency norms, issuing captive license, change in investment regulations, one-time registration for intermediaries and allowing insurers to distribute other financial products, sources said. The move will enable the entry of differentiated insurance companies like in the banking sector. The banking sector is currently categorised as universal bank, small finance bank, and payments bank. The provision of composite licenses would allow life insurers to underwrite health insurance or general insurance policies. As per the provisions of the Insurance Act, 1938, life insurers can only offer life insurance covers, while general insurers can offer non-insurance products like health, motor, fire, .

What is the right age to purchase a health insurance policy?

Starting early not only helps you secure lower premiums but also ensures you have comprehensive coverage when you need it most

Choosing the Right Health Insurance Plan for Your Stage of Life: A Quick Guide

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Making Health Insurance Accessible and Affordable with Monthly Premiums

Nilesh Agarwal, Head of Business, PhonePe Insurance Broking Services

New national portal being launched to simplify health insurance claims

Hospitals will be able to submit claims electronically, reducing paperwork and speeding up approvals.

Irdai removes age limit of 65 yrs for buying health insurance policies

With a view to widen the market and foster adequate protection from healthcare expenses, insurance regulator IRDAI has removed the age limit of 65 years for individuals buying health insurance policies. This marks a significant departure from the conventional constraints that limited individuals in securing comprehensive coverage. By abolishing the maximum age restriction on purchasing health insurance plans, the Insurance Regulatory and Development Authority of India (IRDAI) aims to foster a more inclusive and accessible healthcare ecosystem, ensuring adequate protection against unforeseen medical expenses. As per the earlier guidelines, individuals were allowed to purchase a new insurance policy only till the age of 65. However, with the recent amendment, which has been effective from April 1, anyone, regardless of age, is eligible to buy a new health insurance policy. In a recent gazette notification, IRDAI said, "insurers shall ensure that they offer health insurance products t

70% opt for cost-effective health policies: These are the most popular ones

Seniors are leading the charge for affordable health insurance. A staggering 34% of those choosing cost-effective plans fall within the 55+ age bracket

Buying health insurance? Here's how the extended free-look period works

Th free look-in period is a valuable tool that empowers you to make informed decisions about your health insurance. Use it wisely to ensure you choose a plan that best protects you and your family.

Health insurance that is 'Cashless Everywhere': Here's how it works

This initiative, spearheaded by the General Insurance Council, aims to simplify claims processing, mitigate fraud, and bolster overall industry trust

Health insurance: Govt to discuss 24-hr hospitalisation rule with Irdai

President of NCDRC, Justice Amreshwar Prasap Sahi, said that some district forums have innovated and ordered insurance cos to clear claims even when hospitalisation was less than 24 hrs

1 in 3 Indians grapples with stress, 35% battle diabetes, high BP, hypertension

Gen Z & Millennials have claimed to be suffering trom higher proportion of Anxiety. Lack of Stamina, Obesity etc. are ailments that higher % o Gen Z have claimed to be suffering.

Rs 3 lakh is the median sum insured offered by India's employers: survey

Fifty-six per cent of companies offer maternity benefits, while less than one per cent of companies offer holistic cover for people with disabilities and 60% of companies offer new age insurance

Home care, physio covered: Now a health policy designed for senior citizens

To address the rising cost of medical expenses, and to offer respite for senior citizens after a medical episode, Tata AIG has introduced the plan, which is customised to meet the diverse healthcare