Expanding the ambit of beneficiaries, now the government will also bear the insurance premium of families of Economically Weaker Sections
Niva Bupa Health Insurance on Thursday announced the launch of health insurance policy 'ReAssure 2.0'. The first of its kind indemnity plan offers lock-in of entry age until a policyholder makes his/her first claim, thereby helping customers save on premiums. Niva Bupa Health Insurance MD and CEO Krishnan Ramachandran said with this product, "we have addressed the prevailing concerns of customers which act as a hindrance during health insurance purchase. "We have designed this product in a unique way that will encourage customers to start investing for their health and financial security at an early age," Ramachandran said. This new-age indemnity plan offers 'live healthy' benefit that gives premium discount of up to 30 per cent on policy renewal basis health points earned. Other benefits include, no capping on room rent, any hospitalisation of 2 hours and above to be covered, Smart Health+ rider offering unlimited tele consultations - and Day 1 coverage for diabetes and ...
The firms are also exploring in-app integration of insurance services for faster, seamless and paper-less processes
Here is how the health insurance plans offered by various companies stack up
Also avail of annual check-ups; doing so will make claim rejection harder for health insurer
February 4 is World Cancer Day: here is advice on how meet ancillary expenses in treating disease
Avendus Capital study says low penetration coupled with rising disposable incomes, and product innovation by insurers could act as catalysts for the segment
Here is how the health insurance plans offered by various companies stack up
Rajasthan Chief Minister Ashok Gehlot reiterated on Thursday that his government's Chiranjeevi Health Insurance scheme should be implemented across the country. The Centre should also take the initiative to introduce a Social Security Act and implement the Old Pension Scheme for government employees, Gehlot said at the closing ceremony of the All India Presiding Officers' Conference at the Rajasthan Legislative Assembly here. Saying he has already requested Prime Minister Narendra Modi in this regard, Gehlot reiterated that the Chiranjeevi Health Insurance scheme should be implemented across the country. Under the scheme, the Rajasthan government provides health insurance of Rs 10 lakh and also bears the expense for organ transplants. Treatment in the in-patient and out-patient departments at government hospitals are also free, Gehlot said. Stressing the need for social security for the needy, he said the Centre should bring a Social Security Act. "Social security should be ...
Says insurance giant is well-placed to make most of a composite license; in fact it was a composite insurer till early 1970s, when Oriental Insurance was carved out
Life insurers paid benefits to the tune of Rs 5.02 trillion in FY22, says regulator's annual report
Joshi was made the head of a 15-member Health Insurance Consultative Committee set up by Irdai in October. He has more than 37 years of experience in the financial services industry
The Unions also said the proposed amendments does not define the term liability which may lead to misappropriation by the insurers
Group health plans drive the 29% growth in health premiums during the first eight months of FY23
Court asked regulator and insurance companies to submit a status report before March 17, 2023
As per the notification, corporate agents can now tie up with nine insurers each in the general, life, and health insurance sectors
Suggests allowing insurers to sell other financial products
By asking health insurers to access a national list of doctors, the regulator hopes to encourage them to offer more flexible policies outside of the hospital network
Proposes that commissions to agents can't exceed management expense limit
Features like recharge and guaranteed no-claim bonus enhance the cost-effectiveness of health insurance policies