You don’t need to do anything for this free Travel Accident Insurance (free travel accident insurance cover of up to Rs 10 lakh), it’s automatic. While booking a train ticket online via IRCTC, the option to choose travel insurance will be pre-select by default. After buying the … [Read more...] about How to get Free IRCTC Travel Accident Insurance Policy?
OCARE has launched first ever Dental Insurance Product in India. Dental Insurance is a Group Insurance product, which offers a sum assured of Rs 25,000/‐. Coverage: OCARE Dental Insurance provide following coverage: 1. Covers pre‐existing conditions 2. No waiting period 3. … [Read more...] about OCARE launches Group Dental Insurance product in India
IRDAI has notified new IRDAI Health Insurance Regulations, 2016. As per the Schedule – III of the Regulations; IRDAI has specify new Guidelines, Regulatory Returns and Formats etc. for Insurers and TPAs. What this means for you - they have introduced standard definitions for … [Read more...] about IRDAI – Guidelines on Standardization in Health Insurance
Lifetime Renewability As per the new IRDAI - Health Insurance Regulations 2016 guidelines, each insurance company has to introduced lifetime renewability of all their health insurance policies. With the new guidelines, if you have a policy issued in your name, you can continue … [Read more...] about How IRDAI’s new Health Insurance Regulations 2016 affect Consumers?
Wanted to reduce your health insurance premium, you can do that by buying (or porting your existing policy to) these health insurance plans: Family Discount Apollo Munich’s Easy Health Individual Plan offers 5% discount for covering 2 members and 10% discount for 3 or more … [Read more...] about How to Reduce your Health Insurance Premium?
Indemnity Health Insurance Plans General insurance companies usually sell health indemnity policies under which they reimburse the hospital bill on the basis of sum insured and policy sub-limits. However, one needs to be in hospital for at least 24 hours for filing a claim under … [Read more...] about What all types of Health Insurance Plans available in India?
What is a Cancer Insurance? The Cancer Insurance Policy offers coverage towards the costs of diagnosis biopsy, surgery, chemotherapy and/or radiotherapy, hospitalization and rehabilitation. Cancer Covers available in India? In India there are three types of insurance … [Read more...] about How to buy Best Cancer Insurance Plan in India?
If a health insurance or mediclaim policy claim is filed in two overlapping policy periods, it will get the benefit of available sum insured in both of those two policy periods, including the deductibles for each policy period. However, such eligible claim payable to the … [Read more...] about How Claim in Overlapping Health Insurance Policy Period is Paid?
1- A personal accident plan "Pradhan Mantri Suraksha Bima Yojana", will be launched, which will provide an accident cover of Rs 2 lakh for an annual premium of Rs 12 or Re 1 / day. 2- A life insurance plan - "Pradhan Mantri Jeevan Jyoti Bima Yojana", will be launched for the … [Read more...] about Budget 2015 – Changes to Insurance Industry
IRDA has issued new guidelines to bring more clarity and standardise common terms in health insurance policies. These will also enable insurance companies to provide better service to policyholders. The comprehensive guidelines have standardised definitions of 46 terms that … [Read more...] about IRDA has Standardised Definitions of 46 Terms in Health Insurance Policies