What does ‘Health Insurance Portability’ mean? Health Insurance policy holders, who are not satisfied with the services of the present provider, will be able to switch/change their service provider without losing the basic coverage of health insurance. As per IRDA portability … [Read more...] about What you need to know about Health Insurance Portability?
Health Insurance
Sbi Life's Health Insurance – 'Hospital Cash' : Review
Salient Features of Sbi Life's Hospital Cash 1- 100% payout from day 1 of hospitalization without any deductible, double in case of ICU 2- Coverage for pre-existing diseases after 2 years of continuous renewals 3- No Claim Bonus by way of enhanced sum assured on each policy … [Read more...] about Sbi Life's Health Insurance – 'Hospital Cash' : Review
SBI Life launches Health Insurance Plan – ‘Hospital Cash'
SBI Life Insurance has launched health insurance plan ‘Hospital Cash'. The plan provides fixed daily allowance to the insured for every day of hospitalisation. Salient Features of Hospital Cash 1- Hospital Cash's daily hospitalisation cash benefit is available for a fixed … [Read more...] about SBI Life launches Health Insurance Plan – ‘Hospital Cash'
Looking for Health Insurance with Maternity Cover : Here are your options!
What is Health Insurance with Maternity Cover? Health insurance maternity is a health insurance plan that includes maternity coverage. Why Maternity Cover is important? If you are expecting a child or are planning on conceiving, it’s a good idea to make sure you have … [Read more...] about Looking for Health Insurance with Maternity Cover : Here are your options!
What is a Pre-existing Medical Condition?
Pre-existing Medical Condition (or “pre-existing condition”) means any medical condition or any related condition (e.g. illnesses, symptoms, treatments, pains and surgery) that have arisen at some point prior to the commencement of this coverage, irrespective of whether any … [Read more...] about What is a Pre-existing Medical Condition?
IndiaFirst launches Money Back Health Insurance Plan
IndiaFirst Life Insurance has launched Money Back Health Insurance Plan. The plan would offer health cover as well as savings option to the customer. How does IndiaFirst’s Money Back Health Insurance Plan will work? A part of the premium, depending on the age and health of … [Read more...] about IndiaFirst launches Money Back Health Insurance Plan
Does my insurance policy cover Terrorism?
Until 9/11, most standard insurance policies used to provide protection against the risk of terrorism automatically. However, after September 11, 2001, premiums for terrorism coverage have increased. In India, effective from 1st April 2002, terrorism was made a separate add-on … [Read more...] about Does my insurance policy cover Terrorism?
What is an “Endorsement”?
Insurance policies can be modified by using a term called endorsing a policy. A policy endorsement can be done to modify coverage’s, add or delete insured items from a policy and modifies a current policy without completely rewriting it. When an insurance policy is endorsed the … [Read more...] about What is an “Endorsement”?
What is 'Excess' or 'Deductible'?
What is an ‘Excess’? An excess is the amount of expenses that must be paid out of pocket before an insurer will cover any expenses, if you decide to claim on your policy. If you claim on your policy your insurance company will be paying you out, so basically it's a way of them … [Read more...] about What is 'Excess' or 'Deductible'?
Top 5 Health Insurance Plans for Senior Citizens (2011)
Top 5 Health Insurance Plans for Senior Citizens on the basis of Coverage S.No. Plan Name Entry Age (years) Renewal Allowed Max. Sum Insured (Rs. lakh) Co-Pay 1. Max Bupa's Heart Beat till age 80 Life Long Platinum Policy - Sum Insured … [Read more...] about Top 5 Health Insurance Plans for Senior Citizens (2011)