Follow these steps diligently to ensure that there isn't any hardship when your parents fall ill
Detariffing in the non-life insurance market may well be the beginning of the end of cross-subsidisation and low premiums in group health insurance, with insurers now looking at pricing all their products individually.
Know when these come into play before buying a health insurance policy.
'PowerBank-50 is now space proven, made in India, and ready for every satellite builder in the world.'
The costs, otherwise, of medical insurance are too high.
State-owned Bank of Baroda (BoB) reported a 72 per cent year-on-year (Y-o-Y) drop in net profit to 1,278 crore for Q1FY27 due to a $600 million out-of-court settlement related to NMC Health Plc. In contrast, Bank of India (BoI) saw its net profit rise by 36.23 per cent Y-o-Y to 3,068 crore for the same quarter, driven by healthy loan growth and improved asset quality.
TVK chief Vijay has released his manifesto for the Tamil Nadu Assembly elections, focusing on women's welfare, education, agriculture, and job creation.
There are few lapses in the healthy insurance proposals.
These losses increase insurance premiums for customers and reduce insurer margins on the other.
You may think that all will be well because you have a cashless settlement mediclaim policy. But, that's not so. From pain-killers, they can easily turn into pain-givers.
National Insurance Company is going to come out with a new health policy for those above 60.
In a move that will bring cheer to health insurance policyholders, non-life insurers are finalising the contours of a new product that will have a common minimum standard cover and will be renewable and portable across companies.
Irrespective of your age and how good your health has been, the right time to get a health insurance is NOW, says Mukesh Kumar, Executive Director, HDFC ERGO General Insurance Company
With the tax planning and investment season coming to an end this month, many are running around to get the best of the plans available in the market. Most of the limit available under Section 80C would have been over by now. Are there other ways to get tax benefits from taking up useful investments/expenses? Yes, there is always the health insurance plans.
Wipro's net profit in the first quarter saw minimal growth, rising less than one per cent to 3,352 crore, while revenue increased by 10.6 per cent to 24,480 crore. The IT services segment, a key metric, grew by only one per cent year-on-year, falling short of analyst estimates amidst a challenging demand environment and longer decision cycles from clients.
In order to improve the quality of service rendered by third-party administrators, a committee formed by the Insurance Regulatory and Development Authority has recommended that general insurers should hire at least two agencies to execute back office jobs for settlement of health insurance claims. In addition, to improve the coverage and quality of services provided by TPAs, the panel has suggested that the minimum capital requirement should be doubled.
While insurance companies are yet to finalise the premiums, there are chances that group health premiums could see an increase.
Health insurance and mediclaim policies help you manage your finances during medical emergencies. So, how much is enough?
With the regulator changing the claims processing rules, policyholders can now settle their claims quicker and keep premium costs lower.
The government on Monday said about 40 lakh artisans would be provided health insurance coverage under the Rajiv Gandhi Shilpi Swasthya Bima Yojna over a period of five years.
Irdai had introduced two Covid specific products in the market - Corona Kavach and Corona Rakshak - that saw huge acceptance among the consumers as these products had lower premiums.
Too many EMIs draining your salary? Ramalingam Kalirajan explains the safe borrowing limit that protects your income from a dangerous debt trap.
The Insurance Regulatory and Development Authority on Thursday allowed portability of health insurance products. It will be applicable for all existing and new contracts from July.
You will lose out on discounts and have to pay a higher premium.
According to the IRDA's data in 2007-08, the health insurance segment was estimated to be around Rs 5,152 crore, with only 2 per cent of the total population being covered. Realising the potential and advantages -- the segment has been growing at 37 per cent since 2002 -- both life and non-life insurers are offering health insurance products. Health insurance in 2007-08 accounted for 0.2 per cent of the individual regular premium for life insurance companies in India.
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.
The first step that has been taken by IIB is to bring out unique identity numbers for hospitals.
The Union Cabinet's decision to raise the foreign direct investment (FDI) limit in the insurance sector to 100 per cent is unlikely to significantly boost foreign investment as distribution remains a critical factor, requiring overseas players to partner with Indian businesses, experts said.
The government must not enter into what will be a little more than a large-scale transfer of taxpayers' money to the operators of private hospitals.
The Insurance Regulatory and Development Authority (Irda) has constituted a seven-member committee on health insurance for senior citizens.
It is important to look at factors like claim settlement ratios, persistency ratios, the extent of premium increase with age, insurer's reputation, etc, says Vaidyanathan Ramani.
Have a query regarding health insurance or mediclaim policy? Maybe we can help. Drop us a line and our expert, Harsh Roongta, CEO of Apnapaisa.com, will answer it.
If you have ever said 'I'll sort retirement later,' now is when 'later' begins.
The exemption of individual life and health insurance premiums from the Goods and Services Tax (GST) enables the insurance industry to make products affordable and attractive, said Ajay Seth, chairman of Insurance Regulatory and Development Authority of India (Irdai) at the Business Standard BFSI Insight Summit 2025.
Harjot Singh Narula lists five checkpoints to help you find the best health insurance plan
Is the cost of medical cover too high? Opt for co-payments or deductible plans. Here's more on when they work the best.
Naval Goel explains the importance of day-care health insurance
Students and families must stress test repayment capacity based on Indian salary standards.
Of course, NOT! Here's why. And here's how you can increase your Rs 1 crore retirement corpus.
