Irdai grants lifeline to general insurance firms
General insurance companies struggling to pay their service tax dues of about Rs 2,500 crore have got a lifeline from the Insurance Regulatory and Development […]
Month: November 2015
95% of middle-class Indians do not have enough health insurance
Around 95% of middle-class Indians do not have enough health insurance to cover some of the most common procedures and ailments in the country, according […]
Insurance: IRDA mulls cover for infertility treatment
The Insurance Regulatory and Development Authority (IRDA) is considering issuing guidelines to insurance companies in India to include infertility as a disease in medical insurance […]
Will my health insurance policy reimburse medical costs from day one?
Health insurance policies do not reimburse medical costs from day 1. The standard waiting period is 30 days and this may vary between insurers. If […]
Will I lose renewal benefits if I transfer my health policy to another provider?
The IRDA directs insurance companies to allow health insurance portability from one insurer to another without loss of renewal credit for benefits enjoyed in the […]
Who decides on sum insured? The insurance company or I?
Policyholder’s age, medical history, affordability and coverage required determine the sum insured. If the policyholder can afford it, he can go in for a higher […]
What to look for in a senior citizen health plan?
Since senior citizen health insurance plans come with limited coverage and many exclusions, compare insurance quotes online for the following: co-payment – where policyholder bears […]
What is the term for a health insurance policy?
This depends on who is issuing the policy, your age, medical history, cover opted for and affordability. While Mediclaim policies are renewable annually, health insurance […]
What is the process for making a maternity claim?
Maternity coverage offered as a rider with health insurance plan covers medical expenses incurred during pregnancy and caesarean / normal delivery including pre-and post- hospitalization […]
What are the eligibility criteria for getting health cover?
Health insurance policies are available to individuals and groups. Individuals can opt for individual or family floater plans to cover their dependents comprising of a […]