If your complaint has merit, the ombudsman, which is decidedly consumer-centric, could rule in your favour
Watch out for limited sum insured in such covers
Covid-19 pandemic and increased awareness about health plans, along with factors such as flexible payment options and availability of higher sums insured created a surge in demand
Covid drives awareness of need for health insurance, consumers also buying plans in the range of Rs 25-50 lakh
In light of the Coronavirus (Covid-19) pandemic, health insurance has seen a surge in demand from consumers
With a pandemic raging, you must buy your own personal health cover for your family to supplement the group cover
Steps shall help achieve the desired objective of maintaining and improving good health and enabling affordable health insurance
"The initial response for Corona Kavach plan has been encouraging and we are selling between 200-300 policies every day," Ramachandran said
Buy as soon as possible, as increase in age not only pushes premiums up, it also comes with restricted coverage to diseases
Launched by Irdai, the plan's main objective is to make insurance more accessible, affordable and less confusing for policy buyers
One of the key points to note while accounting for these investments made from April to July is that a deduction once claimed in FY20 on an investment made, cannot be claimed again for FY21
It also noted that drones are playing a significant role in the current Covid-19 situation, assisting various authorities in several activities
The insurance regulator has revised its guidelines around the standard cover for the third time
The insurance regulator has revised its guidelines around the standard cover for the third time
A comparison of the health plans offered by various insurers
Policyholders can cancel their policies at any time by giving a 15 days' notice to the insurer and the company has to refund premium for the unexpired policy period
If you already have an insurance policy, opt for super top-up to enhance the sum assured
You also need to take into account exclusions and sub-limits
Option can be a permanent feature of health policies or can be a temporary relief for policyholders for 12 months
'Covid-19 Protection Cover' provides an instant Rs 25,000 benefit plan for to the customer if he tests positive for Covid-19