This is the first time Softbank-backed Ola is entering the health insurance space
There is a provision for porting your existing health policy to another insurer, keeping the continuity benefits
The Insurance Regulatory and Development Authority's move is expected to give more flexibility to insurance companies
A look at some of these situations that should prompt you to have a relook at your health cover
Health policies are expensive, and may come with restrictions. But they protect savings from getting wiped out
Recent entrant Aditya Birla Health Insurance aims to beat competition by incentivising healthy lifestyle, expanding the domain beyond hospitalisation costs and leveraging the power of digital
These plans can, at a low cost, help you meet out-of-pocket expenses
A cover from an Indian insurer also offers additional features compared to plans sold by foreign universities
Combination of comprehensive health insurance and critical illness cover a must to meet healthcare needs
When buying a TU/STU, consider the insurer's brand strength, claim settlement ratio, and product features
Comparing insurers on parameters like incurred claims ratio and claim settlement ratio can help you make a better choice
The premium costs 4-22% of the sum insured, and covers cats and dogs
With the IRDAI committee making significant recommendations, customers are likely to benefit
Customers will have a better idea of what they are covered for, and there will be less scope for arbitrary rejection of claims
This is the only way to ensure that the insurer does not reject claims
Congenital anomalies are also known as birth defects
These policies come in handy, albeit at a higher cost, if you have a pre-existing ailment
Take into account medical history, city of residence, and lifestyle when deciding on your initial health insurance amount
To build a corpus for health-related needs, adopt a systematic investment approach
The State Commission observed that insurance is a contract requiring good faith. And the insurer's stand was based on a handwritten note without authentication