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INDEMNITY BASED PRODUCTS
Selling property in England after the owner's death? Legal heirs may need Probate of Will or Letters of Administration firstLegal heirs in England and Wales require a Grant of Probate or Letters of Administration to sell property and manage a deceased person's es...- 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...
- LIC keen to re-enter mediclaim segment, awaiting regulatory clarity: ChairmanLIC is keen to re-enter the mediclaim segment as and when the regulator provides clarity on the issue, its chairman has said.
- Mandatory to continue offering standard Corona policies: IRDAI tells insurance companiesThe Insurance Regulator and Development Authority of India (IRDAI) on Monday reiterated that it is mandatory for all general and health ins...
- Insurers can sell and renew standard Corona policiesIn June 2020, the insurance watchdog had issued guidelines for insurance companies to roll out standard Covid-19 policies by July 10, 2020,...
- Defined benefit vs indemnity type health insurance policy for coronavirus: Here's how to choose oneA 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...
- Irdai brings out new draft Covid policyThe proposed guidelines now mandate insurers to offer both options — a standard indemnity-based cover and a fixed-benefit cover. The new de...
- How insurance will change if life insurers are allowed to sell health packagesFor some strange reason companies that insured your life were not permitted to insure against illness. The regulator has taken a baby step ...
- IRDAI considers allowing life insurers to offer indemnity health insurance plansIndemnity-based health plans are basically those insurance policies where the insured is reimbursed the actual expense incurred during hosp...
- Life insurance companies may offer more health policiesIrda said that it set up the committee following representations from life insurers seeking expansion of their product offerings to make be...
- You may be able to avail standard indemnity health insurance policy sooner than you thinkMinimum 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...
- Bharti AXA General gets Irdai nod for two products under regulatory sandbox frameworkThe insurance sandbox project has been launched mainly to help the regulator gauge and measure real-life acceptance of new customer proposi...
- Insurance Queries: Do not hide illnesses while buying health insuranceAll medical history of the proposed insured is expected to be disclosed in the proposal form while buying health insurance.
- 6 important changes brought about by new health insurance rulesThe guidelines will bolster the business framework of insurance providers, thereby offering value to the policyholders.
- Who should you buy your health cover from?Some life insurers also sell health insurance policies, both indemnity and fixed benefit covers, the latter being more commonly offered.
- Irda bans life insurers from offering indemnity-based health productsIrda has asked insurance companies to withdraw products by giving three months' notice to policyholders and to continue existing contracts ...
- ICICI Lombard CEO Bhargav Dasgupta answers your insurance queriesEvery week, an expert selected by ET answers queries from our readers on insurance
- Expert advice on how to pick the right health investment planTo dematerialise an existing policy, you can call up the customer services team and request for details. The insurer will share the list of...
- What you can do when companies trim group health cover benefitsET explains the options before you to increase your family's health cover at a time when companies are pruning the health benefits extended...
- Mediclaim alone may not cover your healthOver 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.
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