"The General and Health Insurers offering health insurance policies can also consider leveraging on the Health Professional Registry for bu...

While the payment of an indemnity plan is linked to actual expenses the defined benefit plan pays the claim on occurrence of a pre-defined ...

Some experts feel that since the Indian law does not exempt vaccine manufacturers from indemnity it should not be granted to local players,...

A benefit-based policy will ensure a fixed and guaranteed lump sum amount equal to the sum insured if one tests positive for Covid-19 and i...

Many companies are making efforts to launch COVID- specific products with provisions for home care. MD & CEO of ICICI Lombard Bhargava Dasg...

Indemnity-based health plans are basically those insurance policies where the insured is reimbursed the actual expense incurred during hosp...

Irda said that it set up the committee following representations from life insurers seeking expansion of their product offerings to make be...

Minimum entry age of the policyholder should be 18 years and the maximum entry age should be 65 years. However, a proposer, who is older ca...

The objective of the guidelines on 'Standardization of General Clauses in Health Insurance Policy Contracts' is to standardise the common g...

Most people buy indemnity cover, commonly known as mediclaim. There are primarily two ways in which an indemnity type health insurance clai...

All medical history of the proposed insured is expected to be disclosed in the proposal form while buying health insurance.

Every week, an expert selected by ET answers queries from our readers on insurance.

Some life insurers also sell health insurance policies, both indemnity and fixed benefit covers, the latter being more commonly offered.

Irda has asked insurance companies to withdraw products by giving three months' notice to policyholders and to continue existing contracts ...

Every week, an expert selected by ET answers queries from our readers on insurance

Health plan should be taken only to enhance a mediclaim policy since it covers incidental expenses as opposed to an indemnity plan.

Over the past few days, many cell-phone users have been bombarded with calls or SMSes, urging them to buy a new 'three-in-one' plan fromLIC.