Insurance Regulatory and Development Authority (IRDA) has postponed the implementation of health insurance portability to October 1, 2011. Earlier, IRDA had announced that it would implement health insurance portability from July 1, which would allow customers to shift from … [Read more...] about IRDA postponed implementation of health insurance portability to October 1, 2011
Health Insurance
File your insurance complaints online with IRDA’s IGMS
What is IGMS? The Integrated Grievance Management System(IGMS) facilitates online registration of policyholders’ complaints and helps track their status. How do you use IGMS? A policyholder can make optimum use of this system by giving accurate information about the … [Read more...] about File your insurance complaints online with IRDA’s IGMS
Things you should know before buying Critical Illness Insurance Plan!
Here is a guide to assist you in doing your homework for obtaining an appropriate Critical Illness plan for yourself. What is Critical Illness cover? As the name suggests, Critical Illness plans cover you for only certain specific critical illnesses that are pre-defined as … [Read more...] about Things you should know before buying Critical Illness Insurance Plan!
Chola MS launches Individual Healthline and Chola Total Home Protect
Chola MS General Insurance launches Individual Healthline (IHL) and Chola Total Home Protect. Chola Healthline mediclaim even covers dental care and ayurvedic treatment under an ‘advanced’ option. IHL is India’s first health insurance policy to cover hospitalization for Ayurveda … [Read more...] about Chola MS launches Individual Healthline and Chola Total Home Protect
Comparison between LIC’s Jeevan Arogya Health Protection Plus
We have already reviewed LIC’s Jeevan Arogya & Health Protection Plus. Let’s compare both the above plans based on the features. S.No. Health Insurance Jeevan Arogya Health Protection Plus 1. Insured Members Parents & In laws (Parents) can also be … [Read more...] about Comparison between LIC’s Jeevan Arogya Health Protection Plus
LIC’s Jeevan Arogya : Review
Salient features of LIC’s Jeevan Arogya 1. The minimum age of entry in this case is 18 years, while 65 is the upper limit for principal insured. 2. Minimum Sum Insured 1,00,000 to Maximum Sum Insured 4,00,000. 3. Provides Fixed benefits for Hospitalization and almost all … [Read more...] about LIC’s Jeevan Arogya : Review
Want to cover pre-existing disease, buy Star Unique Health Insurance Policy : Review
Star Health Insurance’s Unique Health cover pre-existing diseases just after 11 months, after a customer buys this policy. This part of the policy keep Star Health’s Unique Health apart from the other products in the market, where the insured has to wait for about four years for … [Read more...] about Want to cover pre-existing disease, buy Star Unique Health Insurance Policy : Review
What is Free Look Period?
What is the Free Look Period? The policyholder has 15 days from the date of receipt of the policy to review the terms and conditions of the policy. In case he disagrees to any of the terms and conditions, then he can exercise the option to return the policy, stating the reasons … [Read more...] about What is Free Look Period?
File your health insurance claim within seven days, or else…rejection
Ramesh has a health insurance policy for the last 2 years. When his wife admitted to hospital, he was sure that he will get the full amount from health insurance policy. He was not provided the cashless claim by the TPA because the hospital was not on the panal. He has the option … [Read more...] about File your health insurance claim within seven days, or else…rejection
Wrong insurance product sold, what to do now?
Relationship manager of a leading private bank had suggested an investment cum insurance product to Vipul, a ULIP policy, which their bank was offering due to their tie up with an insurance company. The Relationship Manager explained Vipul all the policy terms in details. Vipul … [Read more...] about Wrong insurance product sold, what to do now?