Page 4 - Health Insurance Policy

How to claim income tax deduction for investments made in April - July 2020

One of the key points to note while accounting for these investments made from April to July is that a deduction once claimed in FY20 on an investment made, cannot be claimed again for FY21

Irdai sets up panel to suggest insurance products related to use of drones

It also noted that drones are playing a significant role in the current Covid-19 situation, assisting various authorities in several activities

Benefit-based Covid product to be priced higher than the indemnity one

The insurance regulator has revised its guidelines around the standard cover for the third time

Benefit-based Covid product to be priced higher than the indemnity one

The insurance regulator has revised its guidelines around the standard cover for the third time

A snapshot of various health insurance schemes

A comparison of the health plans offered by various insurers

Irdai issues guidelines for standardisation of indemnity health products

Policyholders can cancel their policies at any time by giving a 15 days' notice to the insurer and the company has to refund premium for the unexpired policy period

Arogya Sanjeevani: A straightforward, reasonably priced health plan

If you already have an insurance policy, opt for super top-up to enhance the sum assured

Planning to take health insurance policy? Do not go by premium alone

You also need to take into account exclusions and sub-limits

Health premiums maybe paid in instalments: Regulator tells insurers

Option can be a permanent feature of health policies or can be a temporary relief for policyholders for 12 months

Flipkart, ICICI Lombard offer health plan for Covid-19 with instant claim

'Covid-19 Protection Cover' provides an instant Rs 25,000 benefit plan for to the customer if he tests positive for Covid-19

Does a standard health insurance policy cover coronavirus? Expert answers

Coronavirus is an infectious disease and hospitalisation on account of such conditions is generally covered under most health insurance policies

Premium perks: Wearables, apps are set to transform health insurance

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

IRDAI tries to bring more transparency into life, health and travel covers

Lack of clarity often led to disputes between customers and insurers over whether certain claims could be honoured

Adapt wearable technology to expand penetration of health insurance

Wearables today collect a range of data that go far beyond tracking steps. There are devices that can keep a tab on heart rate, stress levels and blood pressure

Your insurer can soon tweak your health policy, but only if you benefit

Irdai to allow 12 minor changes including expansion of critical illness and day care procedure lists, premium payment in instalments

180 million and counting: Policy hurdle pains arthritis patients in India

Lack of regulatory intervention prevents insurance firms from bringing about a comprehensive solution

Don't port your health insurance policy just for the sake of lower premium

And even if you do so, make sure that you don't lose significant benefits in the new policy

Insurers can deny health insurance claims in case of incorrect disclosure

If you contract a disease few years after buying the policy, it is not mandatory to disclose it. But, if you want to increase the sum assured, then premiums could go up sharply

Planning to buy an insurance cover? Here is some advice on important issues

As for the query on income tax, you are allowed to claim a deduction of up to Rs 25,000 in each financial year, for the medical insurance premium that you pay

Reader's Corner: General Insurance

Medical expenses getting deducted due to limits/cappings under group health policy can be claimed under individual health policy