The Ernakulam District Consumer Disputes Redressal Commission has directed an insurance company to pay ₹1.73 lakh to a woman after rejecting her medical insurance claim on the ground that she…
India’s health insurance sector is facing a growing consumer trust problem, with concerns around claim settlements, cashless treatment, deductions and rising out-of-pocket expenses. An opinion analysis published by Moneycontrol argues…
The GST Council has recommended allowing Input Tax Credit (ITC) on employer-provided group health and life insurance, potentially reducing the effective cost of insurance for businesses. Currently, group health and…
General insurance companies are proposing a mandatory 10% co-payment on retail health insurance policies, a move that could reduce premiums but substantially increase policyholders’ out-of-pocket expenses. The proposal, being discussed…
Around 13% of health insurance customers on Policybazaar are choosing to pay their premiums through equated monthly instalments (EMIs), highlighting growing interest in spreading insurance costs over smaller, periodic payments.…
Manipal Health Plans Multi-State Expansion with AI-Driven Healthcare Model Manipal Health Enterprises Ltd is planning to expand its healthcare presence across multiple states, including Telangana, Kerala, Andhra Pradesh, Chhattisgarh and…
LIC Launches Bima Platinum with Guaranteed Income and Protection Benefits Life Insurance Corporation of India has introduced LIC's Bima Platinum, a non-linked, non-participating individual savings plan designed to combine life…
Malaysia’s insurance and takaful industry has cautioned that lower medical insurance premiums alone will not resolve the country’s healthcare affordability challenge, as rising healthcare utilisation is emerging as a major…
The GST Council is likely to consider a proposal on October 7 to allow employers to claim input tax credit (ITC) on premiums paid for life and health insurance coverage…
Digital insurer ACKO has launched three new offerings, DriveCam, ACKO Clinic and AirPass, as part of an effort to expand its customer relationship beyond traditional insurance claims. The products cover…