A person becomes liable for damage to any property or person caused by the services offered by his business. For providing professional service or advice, a person can face claims of negligence or breach. Under professional indemnity insurance ‘Indemnity’ defines as follows: An indemnity includes claims arising due to the losses or the damages made […]
How to Customize a Group Health Insurance Policy?
Customizing a group mediclaim policy means adding more relevant benefits to it to meet your needs and motivate your employees to stay with your company. Read more here.
Conditions for organ donation under group insurance
While awareness about organ donation has increased in India, the cost associated with organ donation often acts as a barrier for both donor and recipient (the person who receives the organ). The cost associated with organ transplantation remains high due to various factors, including medical procedures, post-transplant care, immunosuppressant drugs, and infrastructure requirements. Efforts are […]
What Is Covered Under Group Health Insurance?
Group health insurance offers many benefits to employees, or their members, covered under the policy. Complete hospitalization expenses incurred by an employee on self and dependents like spouse, family, and parents, covered under a group health insurance. A group health insurance policy is provided to incentivize employees. Every employee has the benefit of group health […]
What is considered as group health plans?
If you are an employee of the company or a member of an organization, your employer or organization may provide healthcare insurance benefits. Covering all the eligible employees or members like you. Then that insurance policy is known as a group health plan. Offers Health insurance coverage in many ways such as individual health insurance […]
Know about the Group health plan claim settlement when capping is breached
A group health insurance scheme specifies an amount or limit for different medical expenses for claim settlement which is called capping. Capping expenses in a group health insurance scheme refers to the limit placed on certain types of medical expenses that will be covered by the insurance policy. It sets a maximum amount that the […]
Cover for pre-and post-hospitalization expenses
Cover for pre-and post-hospitalization expenses Before a hospitalization, you might have to undergo a series of tests, and post-hospitalization care might also entail some expenses. If your employer offers group health insurance, the insurer might cover some or most of these expenses. This post attempts to offer some clarity on the expenses that may or […]