BUSINESS
Is unlimited sum insured the best safeguard against rising hospital bills?
Even relatively large covers of Rs 20 to Rs 30 lakh can look inadequate over a 15- or 20-year horizon when medical inflation is consistently running in double digits
BUSINESS
How senior citizens’ health insurance space is evolving in India
Rising healthcare costs have resulted in 73 percent of the elderly now opting for policies with higher coverage of over Rs 10 lakh, as per Policybazaar.
BUSINESS
Tax planning in March: How a multi-year health cover keeps premiums in check, offers tax benefits
Such health insurance policies, which come with tenures of up to three years, provide extended coverage, discounts on premiums, and locked-in premiums, apart from tax benefits.
BUSINESS
Rethinking your medical cover at the time of renewal is a healthy habit
Renewal time is when a responsible policyholder should choose to pause, rethink and thoughtfully upgrade. Know what you need to keep in mind to get maximum coverage while upgrading your existing plan.
BUSINESS
How OPD cover ensures enhanced protection in your health insurance cover
With the rise in health emergencies and increase in medical costs, an OPD cover that pays for non-hospitalisation-related medical expenses, can prove to be a valuable addition to your health insurance plan.
BUSINESS
How wellness benefits can help reduce your health insurance premium
Health insurers can incentivise policyholders who meet wellness criteria by offering reward points or lowering health insurance premiums at the time of renewal. This feature is a win-win for both parties.
BUSINESS
Health insurance options for the differently abled
Most insurance plans cover only those with accidental disabilities, but some plans are now available for those with congenital disabilities too.
BUSINESS
All about COVID waiting period in health insurance policies
After the third wave, insurers have brought down the waiting period to as low as 7-15 days
BUSINESS
Want to make your health insurance cover comprehensive? Add these nine riders
You may want to extend your life insurance coverage, or get a policy for accidental death or disability. Opting for a rider along with your regular policy helps you achieve that
BUSINESS
Exhausted your health insurance sum insured? Replenish it with the restoration benefit
Considering the rising healthcare costs due to COVID-19, it is quite possible that the entire sum insured gets exhausted in a single hospitalization
BUSINESS
Why treating the Black Fungus requires a comprehensive health insurance policy
Pharmacists charge Rs 8,000-10,000 for an injection. An infected patient has to take 5-6 injections a day. The treatment costs can spiral out of control without a health insurance policy
BUSINESS
Renewing your health insurance policy? Don’t forget this important checklist
Disclosing pre-existing conditions is not just vital at the time of buying a health insurance policy. Make sure you keep your insurer abreast at renewal time also
BUSINESS
How to buy a health insurance policy that covers pre-existing ailments from day 1
Aditya Birla Health Insurance and Star Health have come with plans that cover your pre-existing conditions immediately after buying the policy
BUSINESS
Planning an overseas vacation amidst COVID-19? Take travel insurance first
After the COVID-19 outbreak, insurers have started covering customers against the pandemic and the policy includes hospitalisation charges incurred due to the infection
BUSINESS
Factor in EMIs and treatment costs while deciding your critical illness coverage
A critical illness policy must cover your hospitalisation costs, EMIs and lifestyle expenses, as your income may stop for a few years
BUSINESS
Explained: How to port your health insurance policy without losing existing benefits
Considering your current health conditions, the new insurer may increase premiums in case of an adverse medical history, or place temporary exclusions
BUSINESS
Budget 2021: Here's what the health insurance industry wants
The industry expects the government to focus on bringing a large number of people under the ambit of health insurance
