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HEALTH INSURANCE CLAIM PAYOUT TIME
Retirement planning: Why the US retirement model may not work for Indian retireesThe Indian institutional framework poses unexpected risks. Not only is insurance costly for seniors, it’s not available as a standardised s...- Health insurance claim settlement: Which insurers are fastest at paying approved claims?According to data from ILM Research (previously known as Beshak Research), 15 of 31 non-life insurers paid out over 95% of their approved h...
- Health insurance: 5 gaps in your policy that could leave you with a bigger bill at the time of claimThis is a global problem. A World Health Organization report found that out-of-pocket expenses for medicines and other medical products pus...
- Non-life insurance to play a bigger role in financial planning over the next 25 years: ICICI LombardGeneral, or non-life, insurance is expected to play a more integral role in financial planning over the next 25 years, shows an ICICI Lomba...
- NPS subscribers are less swayed by short-term market movements now, says Axis Pension Fund CEO Sumit ShuklaAxis Pension Fund intends to enhance its National Pension System offerings to provide better retirement savings options. The introduction o...
- Insurance commission: NBFCs seek 5-year transition period to reduce selling feeThe industry body of NBFCs has told the Insurance Regulatory and Development Authority of India (IRDAI) that the proposed commission caps o...
- SBI weighs data leak impact, alerts cyber cover providerSBI may seek a claim under a Rs 1,425-crore cyber insurance policy with Oriental Insurance following a suspected leak of customer data, peo...
- Bengaluru techie gets Rs 61 lakh repair estimate for Mercedes-Benz after crashAn Amazon software engineer in Bengaluru has shared how a highway crash during heavy rain led to a Rs 61 lakh repair estimate for his Merce...
- Crop, fire insurance premiums fall 31%, 26.6% in H1 FY27 amid pricing pressureIn the first half of FY27, crop insurance premiums fell by 31% due to lower rates and discounts. Fire insurance premiums also decreased by ...
- ₹10 lakh dengue health claim rejected over 2-year waiting period for a spinal disc condition; here’s why the policyholder wonA significant ruling by the Delhi State Consumer Disputes Redressal Commission found in favor of a policyholder whose dengue hospitalisatio...
- HealthRail: Turning India's hospital receivables into growth capitalIn a strategic move to streamline hospital cash flow, HealthRail is offering expedited access to accrued revenues. This initiative specific...
- Banks also count cost of insurance payout curbsCentral Bank of India anticipates a 33% decline in bancassurance fees due to proposed regulations. Canara Bank expects a ₹145-crore hit to ...
- LIC reveals details of its 3 new plans: Check benefits of New Jeevan Dhara-II, Health Shield and New Cancer CoverLife Insurance Corporation of India is set to launch three new insurance products on October 19, 2026. These offerings, namely New Jeevan D...
- Bank failed to pay Rs 100 for insurance renewal, family's Rs 2 lakh claim rejected after son's death; SBI ordered to pay Rs 2.1 lakhA consumer commission in Aligarh has directed State Bank of India (SBI) to pay Rs 2 lakh to a woman whose son died after the bank failed to...
- ET Product of the Year Awards 2026: Recognising insurance products that customers trustIndia's insurance industry is witnessing growth, yet challenges remain in accessibility and understanding. The ET Product of the Year Award...
- Insurers may face higher crop cover claims in Andhra Pradesh, Maharashtra, KarnatakaIn Maharashtra, insurers' liability could be capped at Rs 1,540 crore before the state government takes over claims beyond that level. The ...
- LIC to launch three new insurance plans on October 19, 2026: Annuity, health insurance and cancer cover to go on offerLife Insurance Corporation of India is set to introduce three new insurance products on October 19, 2026. The offerings include LIC’s New J...
- IRDAI may allow transition period for insurance fee capIRDAI Chairman Ajay Seth said the regulator is examining industry feedback on a consultation paper that is open until October 25, while mai...
- Office critical illness cover: How well does it protect employees and their families?The distinction matters for how HR teams design the benefit. A fixed benefit CI policy addresses income replacement and non medical costs t...
- Two health insurance policies, one hospital bill: Here’s how to claim the unpaid hospital bill from the second insurerNavigating health insurance claims can be tricky, especially when you have multiple policies. If your hospital bill exceeds your coverage, ...
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