Term insurance premiums have risen in India, but continue to be cheaper compared to global markets, says Kamlesh Rao, MD and CEO, Aditya Birla Sunlife Insurance Source link
One of the key reasons why crores of Indians have unwavering faith in the Life Insurance Corporation of India (LIC) is that it is owned by the central government. Retail…
Recently, the insurance regulator IRDAI vetoed a few health insurers' decision on a COVID-19 treatment. The insurance companies had termed monoclonal antibody cocktail treatment as experimental therapy and had rejected…
Health insurance policies are one-year, annually-renewable contracts. They come with lifelong renewability clause--that is, insurers cannot specify an exit age at which the coverage would end. Until 2012, when insurance…
Typically, health-insurance policies cover expenses only if you were hospitalised and for at least 24 hours. However, there are some exceptions. They also pay for ‘day care' treatment procedures. Not…
Some of the fine print you must look at while buying health insurance are tax benefits, room rent/ICU charges admissible, whether the policy is cashless, diseases excluded and insurance deductible …