In the rapidly evolving landscape of Indian finance, general insurance has transitioned from a “good-to-have” safety net to a “must-have” strategic asset. As we navigate the 2024–25 period, the industry is witnessing a seismic shift in how claims are handled. Driven by aggressive regulatory reforms from the IRDAI and a massive infusion of Artificial Intelligence […]
What the New IRDAI Regulations (2025–26) Mean for Group Health Insurance Buyers?
Quick Summary Table Feature Previous State (Pre-2025 Regulations) New State (Post-2025 Regulations) Portability Often challenging or limited Mandated seamless portability for individual covers upon exit Standardization of Terms Varied definitions across insurers Standardized definitions for common medical terms and procedures Claim Settlement Timelines Varied, sometimes protracted Stricter, transparent timelines for claim processing and payout Transparency […]
How to Save Money When Buying Insurance?
Insurance is a vital financial tool that provides peace of mind and protection against unexpected events. Be it any insurance type, it is essential to save money on insurance, as it helps you balance financial protection and affordability. Saving money when purchasing insurance involves understanding your needs, researching, and exploring options to reduce premiums. Saving […]
5 Common Mistakes When Buying Insurance and How to Avoid Them
Choosing the right insurance coverage is crucial to staying adequately protected when an unexpected event occurs. However, buying the right coverage can be daunting, considering the plethora of options available. A wrong policy can leave you underinsured and put you in financial distress in a time of need. Hence, it is important to avoid certain […]
How Does Group Health Insurance Vary in Different States or Cities?
Group health insurance plans shield the employees, the most valued assets of the organization. Though most group insurance plans provide comprehensive coverage at a relatively lower cost, the policy can vary significantly depending on the state or city in India. State or city healthcare infrastructure, cost, local regulations, and industry competition can play a major […]
Group Health Insurance Plans for self-employed
Self-employment offers individuals in India the freedom and flexibility to pursue their professional aspirations. However, being self-employed also means shouldering the responsibility of securing one’s own health and financial well-being. Considering this, group health insurance policy for self-employed individuals has emerged as a valuable solution, providing comprehensive coverage and peace of mind. Therefore, this article […]
Including Dependent Parents in Employer Health Insurance: The Pros & Cons
Health insurance is an important necessity for every individual in the family. Especially, if you have dependent elderly parents, it is important to have employer health insurance coverage for them considering their age. They would require frequent medical attention as they age. Considering the skyrocketing healthcare inflation, having financial protection for medical emergencies is crucial. […]
Difference between company health plans of private and public sector insurers
The differences between company healthcare plans and commercial and public insurers are a critical factor that significantly affects the state of employee healthcare. Profit-driven insurers in the private sector frequently place a high value on flexibility and customisation in their health plans, modifying their offers to suit the various demands of both employers and employees. […]
Converting Group Health Insurance to individual
Converting group health insurance to individual health plan can greatly lower your costs and save money while still receiving the same coverage. Group insurance policies for employees’ plans are typically more expensive than individual plans, so switching over could save you significant money. Additionally, when it comes to individual health plans, there is often greater […]
Video- How to file a claim under Group Health Insurance?
Claim Process – Group Health Insurance Policy By understanding the claims process for your Group Health Insurance plan , you can ensure a hassle-free experience for yourself and your employees. Remember to keep all necessary documentation and submit your claim in a timely manner. With SecureNow, you can expect a smooth and efficient claims process. […]