Moneycontrol Daily: Your Essential 7
A daily round-up of the most interesting articles to help jump-start the day. Source link
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September 21, 2022
Irdai reduces number of returns to be filed by insurers for health insurance
Now, the general and health insurers will have to file 8 returns and life insurers will be filing 3 returns in place of 17 returns being filed currently. Source link
September 13, 2022
Future Generali offers health cover to LGBTQIA , live-in partners
The company said its new policy, #39;health absolute#39; is designed to empower customers to actively manage their health and lead a healthy lifestyle and comes with a host of wellness…
September 6, 2022
Simply Save | How COVID-19 has affected Indian life insurance sector and policyholders
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
January 25, 2022
How does LIC policies’ sovereign guarantee work?
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…
January 21, 2022
How did IRDAI defend claims for a new COVID-19 treatment?
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…
January 14, 2022
How lifelong renewability in health covers works
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…
January 5, 2022
What are day-care medical procedures?
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…
December 23, 2021
Personal Finance | What not to overlook in a health insurance policy
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 …
December 15, 2021