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INDEMNITY HEALTH
HealthQuad raises Rs 550 crore, eyes Rs 1,700 crore fundHealthQuad has secured Rs 550 crore for its third fund. The venture capital firm aims to raise Rs 1,700 crore to back early-growth companie...
Missed insurance claim submission deadline? Don't worry, you are still eligible for reimbursement. Here's whyA Bombay High Court ruling favored policyholders, stating insurers cannot reject claims solely for delayed document submission beyond the 9...
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...
India builds insurance shield for risky sea trade as global cover dries upIn response to the challenges posed by renewed hostilities affecting maritime trade, Indian public sector insurers have unveiled an innovat...
Game changer? LIC may enter indemnity health insurance by buying stand-alone private insurer, says CEOSiddhartha Mohanty, CEO & MD of LIC, discussed the company's plans to enter the indemnity health insurance sector by potentially acquiring ...
What explains Rakesh Jhunjhunwala's 2nd largest holding's underperformance?"Investors acknowledge that these developments, however, are in the past now and have no bearing on the company's future fundamentals," the...
Government divided over giving risk cover to Indian vaccine firmsSome experts feel that since the Indian law does not exempt vaccine manufacturers from indemnity it should not be granted to local players,...
Pfizer wants vaccine disputes only in US Courts apart from indemnity waiver in case of adverse effectsThere are two aspects to Pfizer’s demands, the official said. “First that indemnity waiver, which if given to one company, will be availabl...
Confusion in Maharashtra over adverse event and indemnityThere is confusion within the Maharashtra authorities about adverse event management and indemnity even as the state waits for vaccine supp...
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...
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...
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.
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
- Indemnity health plan: A right cover to reimburs expenses incurred during hospitalisation
The need for health insurance is unquestionable in view of the rising incidences of health issues and spiralling medical inflation.
- Mediclaim alone may not cover your health
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.