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Will the New Budget 2021 Introduce better Health Reforms?
It is that time of the year again when all eyes are directed at the Union Budget which would be presented on 1st February 2020. As always, before the actual budget is delivered, industry experts make their assumptions on what possible changes are expected. This year is no different. With the last year largely overshadowed…
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Will your Health Insurance policy cover the cost of COVID 19 Vaccine?
After almost a year of battling with the Coronavirus pandemic the vaccine for the illness has become a reality. Although the vaccine rollout program is still in its nascent stages, the road ahead is positive. Institutes and companies like Bharat Biotech, Pfizer and Serum Institute of India have already applied for the authorization to sell…
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Health Insurance Solutions for all Ages
What, according to you, is the right age to buy a health insurance policy? Many of you believe that health insurance is needed when you are older because that is the age when you are most likely to suffer from illnesses or diseases. However, the fact is quite different from this belief. A health insurance…
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Do you know about the Customer Friendly Initiatives IRDAI took in 2021?
The Insurance Regulatory and Development Authority of India (IRDAI) keeps the interests of policyholders in mind when framing regulations. The apex body continuously tries to make positive changes in insurance policies so that you can benefit from better coverage. In 2020 also IRDAI made many changes, some specific to the COVID pandemic and others for…
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5 reasons why your Health Insurance Premiums doubled Since Last Year
Health Insurance Premiums Health insurance plans have become necessary in these uncertain times. As the pandemic is causing more and more hospitalizations, people are suffering financial losses. Moreover, with no end in sight for the pandemic, the demand for health insurance has increased in 2020. Despite the increased demand, health insurance premiums have seen a…
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Importance of Health Insurance at Young Age
When you are young you feel that you don’t need health insurance plans as you are free from health issues and are not even likely to contract any in the near future. But are you correct in your thinking? Health insurance plans are important even in younger ages, not only when you are in your…
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Compare Cancer Insurance Plans: Critical Illness vs Cancer Insurance
Table of Content What is a critical illness plan? What is a cancer cover plan? Difference Pros and cons of critical illness and cancer care plans Critical illness insurance Cancer care insurance Cancer has become a dreaded illness in recent times as more and more individuals are falling prey to one or the other form…
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IRDAI makes Corona Kavach more customer-friendly. Let’s find out how
With the Coronavirus pandemic becoming a major concern, the Insurance Regulatory and Development Authority of India (IRDAI) introduced two COVID-specific health insurance plans of Corona Kavach and Corona Rakshak. These plans were aimed to provide individuals the much-needed health insurance coverage against COVID-related hospitalisation expenses. While Corona Kavach was launched as an indemnity health plan,…
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How to Get Health Insurance without Medical Checkup – Complete Guide
Medical costs are increasing by leaps and bounds as modern-day medicine has become advanced and technology-driven. At the same time illnesses are rising as lifestyle changes have made people prone to health risks. In this scenario, affording quality healthcare has become difficult and challenging for many because of financial constraints. That is why people invest…
