Lost insurance records? Here’s how IRDAI’s Public Insurance Registry aims to fix the problem for policyholdersIndia's insurance sector is set for a major upgrade. The IRDAI is creating a Public Insurance Registry and Bima Sugam platform. These initi...
Mediclaim Insurance Tip: Doctor shares viral video showing patient slicing Rs 2.5 lakh hospital bill down to Rs 18,000A doctor's video shows how patients can fight inflated hospital bills. The clip demonstrates questioning charges for consumables and room r...
Insurance complaints under regulator’s radar: IRDAI asks insurers to strengthen their grievance redressal systems to resolve complaints timelyIRDAI convened a high-level meeting with insurers to address the growing number of unresolved policyholder complaints. IRDAI urged insurers...
Health insurance: How insurers can use ‘material change’ clause to hike your health insurance premium at renewalHealth insurers are introducing a new 'material change' clause in policies. This clause allows them to alter premiums and policy terms. Exp...
Covering for life, Indians now show a shift to pure protection"We have seen a shift toward the pure protection products as compared to the return of premium policies," said SBI Life recently. "Now 57% ...
Retain costly health policy or use PMJAY coverage? Seniors have a tough choiceA 70-year-old retiree faces a dilemma over renewing his ₹73,000 health insurance policy or relying on the government's Ayushman Bharat sche...
Have a life insurance policy that does not suit your need? How to find out and get rid of bad insurance coversThe assured returns and enormous maturity amount of life insurance policies look tempting to many. Topping the list is the need to save tax...
What are women specific insurance policies & how do you get that cover?“Many plans have been created which are specific for women policies which are called women care policies or women health insurance policies...
How to surrender a policy? What can be the triggers and how much will you lose?"Typically a lot of these policies are bought from friends or families or probably a banking relationship without a lot of research and aft...
How to avoid disputes around insurance claims? Mahavir Chopra answers" As a consumer, you need to become more aware. Obviously, the industry has to align it to the customer behaviour and make it very, very ea...
What can get your life and health insurance claims rejected & what to do after that?"Ensure that you are taking care of filling the form yourself, specifically details related to finance, health and lifestyle. If you make a...
IRCTC’s 35 paise insurance: How it works and how it benefits travellers"The railway ticket and because it has become default check-in for people to get covered. Now because it has become default check-in, most ...
Insurance policy for your gadgets: What is covered, premium chargedFor a very low premium, you can now insure your costly appliances and other gizmos.
Gaping holes in mental health insurance adding to distress of patients and kinAs World Mental Health Day dawns on October 10, mental health professionals are still rueing the inadequate health insurance coverage for t...
Covid-19 shot before cover: Insurance companies make vaccination must for term lifeWhile Max Life is issuing term covers to people over the age of 45 only if they are able to produce their final vaccination certificates, T...
As claims bite, insurers erect barriers around 'Corona Kavach'Sector regulator IRDA had made it mandatory for all general and health insurers to sell and renew 'Corona Kavach' to enable interim access ...
Insurers to make life, health cover norms tougher: A new cover story in times of CovidThe cold logic of the insurance business — stricter underwriting norms for future policies to make up for high payouts on current ones in a...