Page 3 - Health Insurance Policy

City Union Bank, Shriram Gen Insurance tie up for distribution of products

Shriram will offer personal insurance products such as motor, personal accident, home and travel along with commercial ones such as property, marine and engineering to bank's customers

Buy optimal mix of base plan and super top-up to check cost of health cover

If your insurer has hiked the premium rate excessively, consider porting

Group health policies see rise in premiums in renewal cycle, shows data

There was a marginal increase of 0-5 per cent in group health insurance premiums

Equitas SFB, Cholamandalam MS for women-centric health insurance policy

Equitas Small Finance Bank (SFB) on Monday said it has tied up with Cholamandalam MS General Insurance to launch a women-centric health insurance policy Chola Sarva Shakti.

Here's Why You Should Opt For A Health Insurance Policy With OPD Coverage.

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Save yourself a heartache by opting for cardiac cover, say experts

A health insurance plus critical illness combo should suffice for those with a family history of cardiac ailments

Seniors should buy health plans with some co-pay if premium has to be low

Health insurance plans for elderly: They might want to consider critical illness covers, super top-ups and plans that cover homecare treatment among other things

IRDAI permits insurers to sell short-term Covid policies till Mar 2022

Regulator IRDAI on Monday allowed insurers to continue selling and renewing short-term Covid specific health insurance policies till March 2022.

Max Bupa Health rebrands to Niva Bupa; aims total biz of Rs 2500 cr in FY22

Standalone health insurance player Max Bupa Health Insurance Friday announced that it has rebranded itself as Niva Bupa and said it is targeting a total business of Rs 2,500 crore in fiscal 2021-22. The rebranding exercise comes after the exit of Max India from the company in 2019 and the entry of private equity firm True North. International healthcare company Bupa Group is the other joint venture partner of the health insurer. "Following the shareholder transition of Max Bupa from Max India to True North in 2019, we are now ready with our new brand identity as Niva Bupa. We will continue to maintain strong growth in the market and aims to become Rs 2,500 crore (total business) company by FY21-22, the insurer's managing director and CEO Krishnan Ramachandran said. In fiscal 2021, the insurer's total business stood at Rs 1,751 crore. The company is opening around 52 offices. It has 13 bank partners, including Axis Bank and HDFC Bank, Bank of Baroda and Federal Bank. Ramachandran

Allow life insurers to sell pension-based health policies: HDFC Life chief

Regulators should allow the life insurance firms to sell pension and indemnity based health policies, as it will lead to greater penetration of insurance, HDFC Life chairman Deepak Parekh said

Unhappy with insurer's response to your Covid claim? Move the ombudsman

If your complaint has merit, the ombudsman, which is decidedly consumer-centric, could rule in your favour

Policies covering pre-existing diseases from day 1 reduce anxiety

Watch out for limited sum insured in such covers

Policybazaar.com sells 400,000 health policies in April-December 2020

Covid-19 pandemic and increased awareness about health plans, along with factors such as flexible payment options and availability of higher sums insured created a surge in demand

Consumers gravitating towards higher sum insured in health policies

Covid drives awareness of need for health insurance, consumers also buying plans in the range of Rs 25-50 lakh

Need to expand health insurance to include outpatient care: Irdai chairman

In light of the Coronavirus (Covid-19) pandemic, health insurance has seen a surge in demand from consumers

Family matters: Be clear if your employer's group health plan covers them

With a pandemic raging, you must buy your own personal health cover for your family to supplement the group cover

Health insurance: Irdai issues guidelines on wellness, preventive measures

Steps shall help achieve the desired objective of maintaining and improving good health and enabling affordable health insurance

Sales of Corona Kavach health insurance policies on rise: Max Bupa

"The initial response for Corona Kavach plan has been encouraging and we are selling between 200-300 policies every day," Ramachandran said

Tips on buying a health insurance policy for parents in the time of Covid

Buy as soon as possible, as increase in age not only pushes premiums up, it also comes with restricted coverage to diseases

What you need to know about Arogya Sanjeevani health insurance policy

Launched by Irdai, the plan's main objective is to make insurance more accessible, affordable and less confusing for policy buyers