LIC's product will be a hospital cash product (that is for major listed surgeries and procedures, LIC will pay the insured a predetermined lump sum amount, depending on his premium payment). LIC's product will also be a long-term product of over 10 years. For claim payouts, the public sector behemoth has tied by with Axis Bank, Syndicate Bank and Bank of America.
'Stigma is the worst part of this virus.'
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.
Check if cashless hospitalisation is included and also the number of hospitals where this facility can be availed.
As a result of the mass state-led scheme, the processes in the health insurance market could get simplified over time and become uniform
Transcript of the weekly insurance chat with Jigessh Patel.
The BCCI said that Sachin Tendulkar's surgery expenses would be covered under the Board's insurance policy
Transcript of the weekly insurance chat held on Wednesday.
Not many people are taking mediclaim insurance policy and its market penetration is less than one per cent
You pay the mediclaim insurance premium of your brother's policy from your salary. Will you be eligible for tax deduction? Will your bonus and ex gratia be tax exempt?
A medical insurance policy should always form a part of any individual's financial planning as well as the tax planning exercise.
The Chennai-based Star Health and Allied Insurance Co, the country's first stand-alone health insurance company, plans to expand its product basket by launching at least five new products in the next 3-4 months.
Jaitley has announced increasing the super-rich surcharge to 12%.
From Mittal Steel to an interview with Ratan Tata...read all
'Life has been very stressful and frustrating.'
Given the high cost of treating cancer and the reasonable premium rates at which these plans are available, one should opt for a cover at the earliest.
Anik Jain, founder and CEO at Symbo, will answer your questions on insurance -- life, health, motor, travel, etc -- on a weekly basis.
Takes care of expensive medical treatment at affordable cost even as you get quality treatment and tax benefit out of it, says Naval Goel
For most companies this would mean extending medical coverage to same-sex partners, say legal experts.
Insurers say they will have to study the available data to work out by how much premiums will have to go up to be able to cover mental illnesses as well
The tax rate rises to 10 per cent, 15, per cent, 20 per cent and 25 per cent for every Rs 2.5 lakh addition. A 30 per cent tax is charged for income over Rs 15 lakh.
Have companies overlooked the impact of GST on employee benefits such as health check-up facilities, mediclaim, mobile handsets, house lease, long service awards, employee welfare schemes, and so on, asks Anita Rastogi, partner-GST and indirect tax, PwC
Sanjay Kumar Singh draws up a mediclaim policy checklist.
'Prevention plus vaccination is what is going to take us into better territory by September or October.'
Why is the BJP upset about the dialogues in a Tamil movie, wonders A Ganesh Nadar.
Mahavir Chopra tells you what to check before you choose a diabetes insurance plan.
While insurance companies are yet to finalise the premiums, there are chances that group health premiums could see an increase.
Investment advisor Sheetal Jhaveri busts popular money myths to make you a confident investor
The current 3-page form is simplified version of an income tax return form after removing mandated disclosure of foreign trips and dormant bank accounts introduced two years back.
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