Category: Insurance News

Consumer surveys and sales data this year show that the pandemic has rapidly raised public awareness about both health risk and insurance in India – and insurance purchases are shifting rapidly to online modes

The report is compiled based on an online and telephonic survey of 530 individuals

WhatsApp will offer affordable health insurance plans from SBI General Insurance and plans to offer micro-pension products through its app

PM Modi launched SEHAT health insurance scheme for Jammu and Kashmir benefiting 21 lakh people

Co-pay ratio in health insurance policies can lower your premiums, but also add to your out-of-pocket expense

The policy buyer can have a better and clear understanding as to how much sum insured is available to all the covered members in the policy

The COVID-19 pandemic has infected millions of people across the globe, with a 2 per cent fatality rate and an increase in numbers every hour. To fight the disease, most people have started opting for insurance policies. According to industry

The government has been pushing for alternative treatments and so have regulatory initiatives such as the Insurance Regulatory and Development Authority of India (Irdai) mandating that Ayush (ayurveda, yoga and naturopathy, unani, siddha and homeopathy) treatments be covered by health

After the insurance regulator-mandated norms on standardisation of health insurance exclusions  came into force from October 1, 2020, several policyholders have complained of huge hikes in premiums. The Insurance Regulatory and Development Authority of India (IRDAI), however, has clarified that that the premium

For a business that thrives on medical uncertainty, the covid-19 pandemic has provided a shot in the arm for the health insurance industry in India. The prospect of hospitalization due to covid-19 and high medical costs in private hospitals have

India is predominantly a developing country wherein a major part of its population lives in rural areas. In the year 2019, the rural population in India accounted for 65.53 percent of the total Indian population as per the data furnished

The city of Mumbai has beaten Delhi and Bangalore when it comes to buying health insurance amid the Covid-19 pandemic. Speaking about this development, ICICI Lombard chief underwriting officer Sanjay Datta said, “States such as Maharashtra, Delhi, and Gujarat have