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Importance of health insurance for a sound heart health

Importance of health insurance for a sound heart health

In today’s fast-paced life, irrespective of how hectic our schedules are, we should take the time to focus on our lifestyle choices that ultimately affect our health, especially heart health.

29/09/2022, Source : Financial Express

The best insurance policy for a senior citizen: Personal policy or employer’s group policy?

The best insurance policy for a senior citizen: Personal policy or employer’s group policy?

Employer-offered group insurance policies don’t have waiting periods. This means your senior citizen parents, if they are enrolled here, are covered from Day 1. But a personal insurance policy is lifelong renewable, irrespective of your claim history. It doesn’t stop the day you leave your employer.

28/09/2022, Source : moneycontrol

LIC policy: Legal heirs have no right to seek plan and nominee details of the policyholder – CIC order

LIC policy: Legal heirs have no right to seek plan and nominee details of the policyholder – CIC order

The Commission observed that just because the appellant is the legal heir of his deceased father does not give him the right to receive the requested information.

25/09/2022, Source : Financial Express

Life insurance rule : Minimum sum assured an investore need - Explained

Life insurance rule : Minimum sum assured an investore need - Explained

Life insurance rule: One should opt for a life insurance that offers minimum sum assured to the tune of 8 to 10 times one's annual income.

24/09/2022, Source : mint

How OPD cover ensures enhanced protection in your health insurance cover

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.

23/09/2022, Source : moneycontrol

All you need to know about investing in a right cancer insurance plan

All you need to know about investing in a right cancer insurance plan

Cancer plans are defined benefit plans that cover various type of cancer. These plans provide better coverage and features as compared to a critical illness plan.

22/09/2022, Source : Financial Express

Health Insurance: Know why insurance companies reject claims and how to avoid claim rejections

Health Insurance: Know why insurance companies reject claims and how to avoid claim rejections

The sole aim of taking a health insurance plan is either to avail the benefit of cashless hospitalisation or to get the amount paid during hospitalisation reimbursed.

21/09/2022, Source : Financial Express

Missed declaring your health condition while buying an insurance policy? Here’s what you can do

Missed declaring your health condition while buying an insurance policy? Here’s what you can do

Don’t expect leniency from your insurance company on pre-existing disease disclosures at policy renewal. Consider porting to a new insurer after declaring your health conditions.

20/09/2022, Source : Money Control

LIC’s New Pension Plus: Know the options of investment funds to select the best suited one

LIC’s New Pension Plus: Know the options of investment funds to select the best suited one

Like the NPS, LIC’s New Pension Plus (NPP) also has different investment funds, from which a policyholder has to choose the one that would best suit him/her.

14/09/2022, Source : Financial Express

Health Insurance: Never forget to do THIS if you have multiple policies - Know how to make claims from both

Health Insurance: Never forget to do THIS if you have multiple policies - Know how to make claims from both

In order to do so, one needs to make sure that he or she shares details about any existing policy while buying another health insurance.

13/09/2022, Source : Zee Business

Life insurance: Steps to ensure your claim is not rejected

Life insurance: Steps to ensure your claim is not rejected

The claim settlement ratio of private insurers was 97.02% in 2020-21 as compared with 97.18% in 2019-20.

12/09/2022, Source : Financial Express

Got multiple health insurance policies? Here’s how to make claims from both

Got multiple health insurance policies? Here’s how to make claims from both

If you have one insurance policy provided by your employer and another as a personal cover, it’s best to use the office-provided cover first. That’s the easier of the two to claim reimbursements from.

08/09/2022, Source : moneycontrol

LIC of India introduces New Pension Plus – an NPS alternative with additional benefits

LIC of India introduces New Pension Plus – an NPS alternative with additional benefits

The Life Insurance Corporation (LIC) of India has introduced New Pension Plan (NPP) – a non-participating, unit linked, individual pension plan – that may be used by individuals to build corpus by systematic and disciplined savings, which can be converted into regular income as annuity on retirement or even as early as 35 years of age.

07/09/2022, Source : Financial Express

Do you really need a Rs 1-crore health insurance cover?

Do you really need a Rs 1-crore health insurance cover?

Don’t just get attracted to an optically large figure of Rs 1 crore for a health insurance cover. Before purchasing such a policy, make sure you have understood its limitations well.

06/09/2022, Source : Money Control

How does a co-pay work in health insurance? Here’s all you need to know

How does a co-pay work in health insurance? Here’s all you need to know

It is imperative to understand each and every clause in the health insurance policy in order to take an informed decision. One such clause in health insurance is co-payment.

05/09/2022, Source : Financial Express

Critical illnesses: Should you opt for a separate medical insurance policy? Let's find out

Critical illnesses: Should you opt for a separate medical insurance policy? Let's find out

When medical expenses have been skyrocketing, it is indispensable for policy holders to opt for medical insurance policies of an optimum amount. Even this won’t suffice. A medical insurance policy could fall short of the actual medical expenses in case of a serious illness known as ‘critical illness’ in the context of insurance.

05/09/2022, Source : mintgenie

Term Insurance Plan under MWP Act: How to buy and why it is important – Experts explain

Term Insurance Plan under MWP Act: How to buy and why it is important – Experts explain

Buying a term plan under MWP is important as the proceeds of the policy will only go to the beneficiaries and no one else.

01/09/2022, Source : Financial Express

No claim bonus to critical illness: Key term life and health insurance riders you should know

No claim bonus to critical illness: Key term life and health insurance riders you should know

Insurers give an option to policyholders to customise their term and health insurance cover with add-ons, also known as ‘riders,’ based on specific needs and requirements of the policyholders.

30/08/2022, Source : CNBCTV18