IRDAI Extends Relief for Kerala and Karnataka Flood Victims
General and Health Insurers are advised to grant 60 days grace period in respect of all health insurance policies due for renewal up to 30th September, 2018 in the State…
Protect Yourself with Universal Sompo Health Insurance
Health Insurance policy of Universal Sompo is offered to individuals and/or his family. The policy is designed to pay the Insured person(s) the hospitalization expenses as well as domiciliary hospitalization…
IRDAI Forms Working Group to Study Installment Claims
1. Some General and Health Insurance Companies have proposed payment of claims in installments in respect of Personal Accident Policies and Benefit Based Health Policies as against lump sum payments.…
Shield Yourself with Bajaj Allianz Critical Illness Cover
A health insurance plan that covers critical illness means you can insure yourself against the risk of serious illness in much the same way as you insure your car and…
Denying Medical Claim Costs Insurance Firm Dearly
The district consumer disputes redressal commission has penalized United India Insurance Company for unjustly denying the medical claim of Kulwinder Singh, a resident of Goslan village, Samrala. The commission ordered…
Government Merges State-Owned Insurers, Boosts Health Coverage
By announcing the merger of three state-owned non-life insurance companies, the government has taken a bold step that will curb unhealthy competition, improve governance, and bring discipline. Union Finance Minister…
IRDAI Forms Working Group to Standardize Health Insurance Exclusions
Considering the importance of standardization in health insurance and to enhance transparency and uniformity the Authority had from time to time issued guidelines on standardization such as; standardization of terminology…
Cancer Insurance from Raheja QBE
Most types of cancer, if detected early, can be treated effectively. Today, there are thousands of people all over the world who have had cancer and have been cured. They…
Delhi HC on Genetic Disorder Exclusions
In the matter of M/s United India Insurance Company Limited Vs Jai Parkash Tayal (RFA 610/2016 & CM Nos. 45832/2017) Hon’ble High Court of Delhi at New Delhi held that…
Understanding Health Insurance Policies: A Comprehensive Guide
Health insurance policies play a pivotal role in safeguarding individuals and families against the financial burden of medical expenses. With the rising costs of healthcare services, having adequate health insurance…