The pandemic has promoted people to buy health covers, as the uncertainty around the virus and its effects are rising with the number of infections going up daily
Govt needs to invest more in health care
The high demand for the policy has brought cheer for insurance companies
PM Modi said that India was making enormous efforts to stand on its own feet and linked several initiatives taken recently for this effort
The Centre has asked states and Union Territories to quickly process claims under the Rs 50-lakh insurance scheme for frontline healthcare workers
The Cabinet has approved the extension of AB-SSBY for the next policy plan period from August 20, 2020 to August 19, 2021 at the tendered premium rate of Rs 1,100 per family per year.
Launched by Irdai, the plan's main objective is to make insurance more accessible, affordable and less confusing for policy buyers
Richer households tend to use hospitalisation services more
Arogya Sanjeevani Policy, whether in individual or group form, will also cover treatment of Covid-19 disease
Here is how the premium rates of various health policies stack up
Amid the surge in Covid-19 cases in the country, Corona Kavach has evoked good response within days of its launch by almost all insurers
Corona Kavach, which was launched on July 10 and is being offered by both general and health insurers, is a standard health insurance policy created to meet the treatment requirements for coronavirus
Pandemic exemptions have helped some insurers emerge relatively unscathed
It makes sense to buy Arogya Sanjeevani or the two new policies that the IRDAI has proposed even if you have a comprehensive policy
Insurers can offer sum insured of less than Rs 1 lakh, while the maximum can exceed Rs 5 lakh. Insurers could earlier offer policies only in the Ra 1-5 lakh sum insured range
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
Non-life insurers can sell both, benefit-based and indemnity-based short-term health covers
Non-disclosure not a valid ground after moratorium period
Waiting period for bew customers reduced from 30 days to 15 days for covid-related claims with no hike in premium. Claims related to other illness will still have a 30-day waiting period