The merged entity will have a combined market share of 6.4 per cent in the non-life insurance industry with 308 branches in the country. The deal is subject to regulatory approvals and the entire process is expected to be completed in nine months.
They combine financial protection and health and lifestyle management support for non-communicable diseases such as hypertension, diabetes, heart disease, cancers and tumours.
The East District Consumer Disputes Redressal Forum made this recommendation while ordering Apollo Munich Health Insurance Co Ltd to pay over Rs 180,000 to a policy holder for not reimbursing his treatment expenses and illegally cancelling his insurance cover after he submitted his claim.
Apprehensive about the July 1 switch, say there are issues to be addressed.
Rakesh Kaul, CDO, Edelweiss General Insurance, answers your health insurance queries.
hree big players -- ICICI Lombard General Insurance Company, Bajaj Allianz General Insurance and Apollo Munich -- have launched policies in tie-ups with spas, gymnasiums, yoga institutes, diagnostic centres and health food retailers to offer discounts to customers on these services and products.
Staying healthy is good news for the insurance company as well since it implies lower claims. Insurance companies offer discounts anywhere between 8 And 30 per cent discount on premium.
Firm offers no-pain switch from company cover.
Before you buy a cashless benefit plan at lower premiums, check if you can make full use of it. Most don't even exhaust the entire benefit.
Health insurance expert Anil Rego in an online chat with readers answers health insurance queries.
The amount for which free check-up is offered can be quite low, while in some policies it comes only after a considerable waiting period.
Mahavir Chopra tells you what to check before you choose a diabetes insurance plan.
As a result of the mass state-led scheme, the processes in the health insurance market could get simplified over time and become uniform
'Children should include their parents in the group health insurance cover provided by the employer at the earliest.' 'However, the elderly should not depend on it alone and should also buy a personal health cover,' suggests Sanjay Kumar Singh.
Pharma, insurance and consumer goods companies try to tap the business opportunity
Instead of getting confused by what agents tell you, check waiting period, claim-settlement ratio, price comparison etc to make the right choice.
Apart from rail mishaps, the coverage would take care of terrorist attacks and accidental fall of a passenger from a train and normal accidents, riots, robbery and dacoity
With mobile data getting cheaper, insurers are introducing technologies that eases buying and lodging claims.
Considering the rising dengue cases, the affordability and availability of such a plan makes it worth buying, says Harjot Singh Narula
To avoid a claim rejection for chronic diseases, ensure proper medical records, experts tell Tinesh Bhasin
Maternity insurance ensures that you can enjoy the happiest moments of your life without any financial worries, says Harjot Singh Narula
Cheil India has a strong presence in the retail and shopper marketing space.
While the benefits offered by the new-generation products are alluring, choose a plan that offers features you may actually need in the future
Is the cost of medical cover too high? Opt for co-payments or deductible plans. Here's more on when they work the best.
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