Oriental Insurance in association with Federal Bank has launched a new insurance scheme, Fed Oriental 'New Pravasi Insurance', for its new NRI customers. Fed Oriental Pravasi Insurance covers hospitalisation expenses of NRI customers by providing cashless treatment facility at … [Read more...] about Oriental Insurance launches 'New Pravasi Insurance' for Fed's NRI customers
IRDA limits TPA services to insurers only
The Insurance Regulatory and Development Authority (IRDA) has withdrawn permission given to TPAs in 2005 to offer their services to bodies other than insurance companies, such as Central and State governments. The Third Party Administrators (TPAs) in health insurance will now … [Read more...] about IRDA limits TPA services to insurers only
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'
Cholamandalam fined 10 lakh by IRDA for violating corporate agency guidelines
Cholamandalam general insurance has been levied Rs. 10,00,000 (Rs. 5,00,000 each for financial years 2007-08 and 2008-09) fine by the Insurance Regulatory and Development Authority of India (IRDA) for violating the provisions of various regulations, guidelines and … [Read more...] about Cholamandalam fined 10 lakh by IRDA for violating corporate agency guidelines
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!
How to become Insurance Surveyor and Loss Assessor (SLA)?
Please read the revised article (as per IRDAI Surveyor Regulation 2015) - Here Who are Insurance Surveyors and Loss Assessor? Surveyors are professionals who assess the loss or damage and serve as a link between the insurer and the insured. As per Insurance Act all the claims … [Read more...] about How to become Insurance Surveyor and Loss Assessor (SLA)?
BUPA International Healthcare Survey : Bupa Health Pulse 2011
Bupa Health Pulse 2011 has released "BUPA International Healthcare Survey". BUPA International Healthcare Survey is the second annual international survey commissioned by Bupa. Between 22 April and 23 May 2011, the international healthcare group surveyed over 13,000 people from … [Read more...] about BUPA International Healthcare Survey : Bupa Health Pulse 2011
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?
Mortgage Insurance or Term Insurance – Which one is best and cheapest?
Looking to buy a house and can't decide which insurance to go for a Mortgage Insurance or Term life insurance? Lets discuss both the above in details here - Mortgage Insurance or Loan Cover Term Insurance A Loan Cover Term Insurance or mortgage insurance is an insurance that … [Read more...] about Mortgage Insurance or Term Insurance – Which one is best and cheapest?
Annual or Single Trip Travel Insurance – Which one should I buy?
All travelers must have a travel insurance policy in place with sufficient cover, but most of the time we think that which policy we should buy - Annual or Single Trip Travel Insurance? Annual Multi Trip Travel Insurance If you are doing travelling more than two or three … [Read more...] about Annual or Single Trip Travel Insurance – Which one should I buy?