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HEALTH INSURANCE LAPSE
Insurance CEOs’ pay now linked to claims and customer grievances: What it means for policyholdersInsurance CEOs’ remuneration will now partly depend on how well they treat policyholders, from settling claims to resolving complaints. A t...- Travel insurance versus overseas student health cover: What Indian students need to knowIndian students studying in Australia must secure Overseas Student Health Cover (OSHC) for visa compliance and medical needs. While not man...
- Suzlon Energy shares crack 5% after Rs 29 crore Sebi fine for misleading financials; company clarifiesSuzlon Energy shares 5% dipped after Sebi imposed nearly Rs 29 crore in penalties on the company and former executives for misrepresenting ...
- US Market: Fed, FDIC push leaner, risk-focused bank supervisionUS financial regulators are enacting significant changes to bank oversight, moving away from detailed paperwork towards focusing on "materi...
- Mother's Day Special: How AI, apps are empowering women to manage finances, improve health, build careerWomen are learning to keep pace with the ubiquitous apps and AI, shrugging off dependence on their kids for financial transactions, online ...
- Are you ready to pay up to 25% higher premium for your health insurance this year? Here are the ways to reduce your premiumHealth insurance premiums in India are rising by up to 25% due to escalating healthcare costs, increased claims, and changing risk profiles...
- Over half of young Indians drop health insurance within 3 years: ReportHealth insurance premiums rose 9.1% to Rs 1.2 lakh crore in FY25, while the number of lives covered increased just 1.4% to 58 crore, accord...
- Not happy with your health insurer? How portability helps you switch without losing benefitsFeeling let down by your health insurance? Portability allows you to switch providers without losing benefits like waiting period credits a...
- Health insurance claim settlement lapses: Rs 1 crore penalty imposed on Care Health Insurance by IRDAIIndia's insurance watchdog, IRDAI, has fined Care Health Insurance Rs 1 crore. The penalty stems from serious lapses in how the company han...
- Lapsed LIC policy revival campaign to end soon; how to revive LIC policy with up to Rs 4,000 concessionA special revival campaign for individual lapsed insurance will run from September 1 to October 31, 2023, according to the LIC website.
- What is the process of reactivating lapsed life insurance policy?Not paying life insurance policy premiums on time can lead to the policy being lapsed. This would lead to the termination of benefits and c...
- How to revive lapsed life insurance policyFailure to pay the premium of a life insurance policy before the due date results in the policy lapsing. However, it is possible to revive ...
- Tata AIA Life announce Revive for reinstating lapsed policiesTata AIA Life, through the Revive initiative, will reinstate lapsed policies with premium due from January 1, 2012, with the subject to ter...
- Should you revive your lapsed policy or go for a new one?Rather than buying a new plan this year, why not try these "special policy revival drives" and renew a lapsed plan?
- 5 things you must know about renewing health insuranceHealth plans are typically offered as one year contracts and require a renewal every year. Some insurers may send a renewal notice.
- Things to know about reviving a lapsed insurance policyA lapsed cover can be revived by the policyholder during the period allowed by insurer before its maturity.
- Reliance life insurance launches initiative to revive lapsed policiesReliance Life Insurance Company (RLIC), part of Reliance Capital Limited, announced its new initiative to revive lapsed policies for its po...
- Things to know about reviving a lapsed insurance policyA lapsed cover can be revived by the policyholder during the period allowed by insurer before its maturity.
- IPO-bound life insurers can't count on high value as lapsed policies bring in profitsAccording to a study by Goldman Sachs, insurance companies have either been reporting strong profit numbers or smaller losses due to increa...
- Insurers see less policy lapses in 2008-09, despite hard timesAs many as 91 lakh policies with sum assured value of Rs 99,543 crore were struck off the books of insurers during 2008-09 because they lap...
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