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Here’s Why Covid-19 Outbreak Has Made Health Insurance a Priority Product among Indians
Ever since Coronavirus changed its status from being an epidemic to becoming a pandemic, 21st century is split into three timelines – pre-COVID, COVID and post-COVID years. Currently, you are in the COVID timeline where the cases are increasing day by day. Though the initial lockdown checked the spread of the virus, ever since the…
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IRDAI Allows Paying Health Insurance Premium in instalments. Here’s how..
In the current Coronavirus pandemic, having a health insurance policy has become a must. As the number of positive cases is increasing every passing day, more and more individuals are prone to contracting the virus. Hospitalization due to Coronavirus can incur considerable medical costs and so a health insurance policy has become the need of…
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COVID-19 Insurance: Corona Kavach & Rakshak Health Insurance Plan
The Coronavirus pandemic is getting worse day by day as more and more individuals are being infected globally. In India, as of 27th August 2020, there are more than 7.29 lakh active cases of COVID infection (Source:Worldometers) while globally, the cases have touched the 24 million mark and the numbers are still climbing. (Source: Worldometers).As…
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Information on long term health insurance and its benefits
Medical expenses have become unaffordable for the common man and given the rising trend of medical inflation, the costs are expected to increase in the coming time. Given the unaffordability of medical expenses, a health insurance policy becomes the most important part of your financial portfolio. The policy covers the medical expenses which are incurred…
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IRDAI’s New Guidelines for Claims Reported Under Coronavirus
New Guidelines for Claims Reported Under Coronavirus The Coronavirus pandemic is spreading despite the various efforts taken by the Government and the health department. More and more individuals are getting infected even as the lockdown curbs are easing in many parts of the country. If you read the newspapers or watch the news, you would…
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IRDAI asks insurers to Include Telemedicine as Part of Claim Settlement of Policy
Did you know India is the second largest online market in the world with more than 560 million users? Internet penetration has increased considerably in the past decade and today individuals living even in the remotest part of the country have access to the internet and/or Smartphones. This has allowed individuals to access online services…
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IRDAI says: Health Insurance Claims not Contestable After 8-year of Premium Payment
Health insurance claim settlements can prove to be a challenge if the health insurance company contests the claims and rejects or repudiates them. After all, with the policy promising assistance in a medical contingency, claim rejection can be a nightmare!! In such cases, policyholders face huge medical costs and might suffer a financial strain. To…
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Top 7 things to know about COVID Health Insurance
The recent Coronavirus pandemic has gripped the world in its clutches and there seems to be no relief in sight. The infection is spreading across the world and more and more people are getting infected and being hospitalized for treatment. In case of hospitalization, considerable costs are incurred and many of you might find such…
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Information on Aarogya Setu App and how does it work
The Coronavirus pandemic has become a global threat and it is claiming an increasing number of lives world over. Even in India, the number of infected individuals has crossed the 2.5 lakh mark (as on 8th June 2020) and the numbers are expected to increase in future. To curb the spread of the disease, the…
