The insurance regulator said the amendments will promote ease of doing business and simplify the process of setting up an insurance in India.
In this edition of the Simply save podcast, Kapil Mehta - Co-founder and CEO of SecureNow Insurance Brokers - explains how to buy an independent health insurance policy and identify the right plan with the help of Moneycontrol-SecureNow Health Insurance Ratings
The rider benefit offers up to a 40 percent renewal discount or cash-back to policyholders with limited car usage. This is applicable to the own damage component, and not the mandatory third-party insurance element
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A pet insurance policy offers to financially secure the overall health and well-being of your pets by taking care of treatment costs and even third-party liability if the pet happens to bite someone or damage property.
Insurance benefits could be differentiated on the basis of designation, salary, family size, or a combination of these factors.
It’s easier for diabetics to obtain health insurance policies, but not being upfront about your pre-existing conditions could result in rejection of claims
From stem cell therapy to oral chemotherapy, insurance companies are mandated to cover certain modern medical procedures. But stringent sub-limits enforced by some insurance companies may serve as a deterrent to a reasonable claim.
Buying a super top-up policy is a simple and cost-effective way of enhancing your health insurance cover. But watch out for the entry age barrier.
The Mumbai Insurance Ombudsman annual report shows an increase in health insurance complaints in 2021-22, on account of partial claim payout, rejection due to ‘unnecessary’ hospitalisation, amidst other COVID-19 related complaints.