The policy provides inpatient hospitalisation coverage for post-partum delivery complications experienced by the surrogate mother for a 36-month period under the Surrogacy cover
Know your policy: Understand its exclusions, sub-limits, and waiting periods
UK-based Bupa, an international healthcare company, was a founding shareholder when the business was first established in India in 2008
Target prices though indicate decent upside in Star Health, and minor gains in ICICI Lombard
Key features of schemes and their premium rates explained
Consumers spend 11% of their annual income on life insurance and 8% on health insurance, it says
Executives from Reliance have met several firms in recent weeks to help them map top talent across life, health and general insurance segments
Regular plans, if offered, may permanently exclude cancer from coverage
The National Human Rights Commission (NHRC) has urged the insurance regulator Idrai to make insurance companies follow the spirit of the law of the land to ensure that the disabled get hassle-free health insurance by designing special products for them. A panel meeting of the representatives of the NHRC, Irdai, the National Centre for Promotion of Employment for Disabled People and some key finance ministry officials here Friday called for rationalising and institutionalising insurance for the disabled. Disability advocacy groups have long been pushing for comprehensive health coverage for the disabled. Following the December 2022 guidelines issued by the Delhi High Court, Irdai, in February 2023, mandated insurers to offer annual health coverage to disabled, HIV-positive, and mentally disabled people. The regulator had also instructed insurers to devise inclusive insurance products aligned with the essential recommendations for the disabled. However, insurers are limiting the ...
After purchasing a policy, do not surrender it midway through tenure
Reliance General Insurance Company Ltd on Tuesday said they have been awarded the contract for the implementation of Meghalaya's health insurance for citizens. TheICL will be implementing the Megha Health Insurance Scheme and the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana phase 6. "The contract is awarded after a competitive bidding process, in whichICL emerged as the successful bidder to implement a revised MHIS 6 scheme in convergence with PMJAY, providing an insurance cover of Rs 5,30,000 for all eligible beneficiaries on a family floater basis,"ICL said in a statement here. It stated that the state government has decided to review the Health Benefits Package and other terms in the Insurance Contract of MHIS 6 and will cover over 7 lakh families in Meghalaya, providing them with comprehensive health insurance coverage that will meet their secondary and tertiary care hospitalisation, outpatient care, diagnostic tests, and follow-up care. ICL CEO Rakesh Jain said, "We are ..
Collaboration with lender will help in offering 'tailored health insurance' to more customers, says firm
Go for high coverage amount and choose policy with minimal survival period condition
Supplement it with a retail plan with adequate sum insured, and no room rent or disease-wise capping
Robust demand for health and motor covers buoyed non-life players' premium income in the first quarter of the current fiscal to Rs 64,262.8 crore, a growth of 17.9 per cent on-year when the industry had clipped at 23 per cent. The spike in sales of motor policy, which used to be the largest segment of the industry but is now pushed down to the second slot behind the health segment, is easily understood given the vrooming automobile sector that has sold more than 2 million units in the June quarter. The robust double-digit growth for the general insurance industry comes in sharp contrast to a 0.8 per cent decline that life insurers logged in the reporting quarter, driven down by the massive poor show by the industry leader LIC across its business verticals. In June, the non-life insurance industry reported a premium of Rs 20,451.9 crore growing by 14.8 per cent on-year compared to 20.6 per cent in the same period last year, according to the data collated by Care Ratings. The 17.9 ..
Opt for insurers with lenient no-claims bonus policies to tackle need to hike sum insured periodically
The study, titled 'How India Buys Insurance', reveals that high premiums are preventing individuals from obtaining insurance cover, or in some cases, adequate insurance coverage. benefits
The Minister informed that Ayushman Bharat Yojna provides free treatment of upto five lakh rupees in the best of hospitals to eligible beneficiaries
Majority of staff in key business sectors lack protection, shows data from listed companies
Though costlier, they offer coverage for both type I and II diabetes, and to those with high levels of HbA1C