If you are a part of a group and the group has opted for the group health insurance scheme; you should know of the tax implications and benefit of the same. A group health insurance policy is popular amongst registered groups, especially employer-employee groups. This is because of the following reasons – The group health […]
Group Health Insurance






Artificial Intelligence in Insurance
Companies must prepare themselves to adapt to the shifting business environment as Artificial Intelligence becomes more fully entrenched in the sector. Insurance executives must grasp the variables that will influence this shift. As well as how artificial intelligence in Insurance (AI) will affect claims, marketing, underwriting, and costing. With this insight, they can begin to […]
The Market Landscape in Insuretech
In India, the InsureTech environment is still in its infancy. In comparison to the worldwide average of 6.5%, present insurance penetration in India is relatively low, with 2.76% for life insurance policies and 0.93% for non-life insurance plans. The present InsureTech industry in India is controlled by a handful of new-age insurers such as Digit, […]
Role of InsureTech in Life and General Insurance
Insurance firms are not often seen as technical trailblazers. An insurance company’s connection with its customers has always been occasional, transitory, transactional, and pecuniary. Thus, they have never felt the need of being at the forefront of technology. Today, in the age of smartphone and cloud services, insurance companies continue to be among the most […]
Drivers for the Digital Insurance Trend
The COVID epidemic is increasing the adoption of online platforms in India, providing insurance firms with a critical new channel for engaging and serving clients. This year’s customer surveys and sales statistics reveal that the epidemic has quickly boosted public knowledge about both medical threats and insurance products in India. As a result, insurance platforms […]
The Importance of Financial Inclusion in Insurance: Dvara Report Synopsis
The insurance sector plays an important role in the economy. It serves two main functions – ensuring adequate coverage of risks and the realization of assets and liabilities. It can enhance social movement by helping people and households to withstand shocks that might impair their assets and future earning capacities throughout their entire life course. […]
How does PPN network work in GMC policy, which insurers provide this?
PPN stands for Preferred Provider Network. It is the network of hospitals that have deeper tie-ups with respective health group insurance companies to provide seamless and cashless claim services to their policyholders. A hospital joins PPN when both the hospital and insurance company synchronize in their approach on how to serve the policyholders. Therefore, the […]
How can employers design a voluntary top-up group health insurance? Suggest appropriate deducible amount
A top-up insurance plan within group health insurance covers hospitalization costs. But, only after a threshold limit is crossed. This threshold limit is known as deductible i.e portion of the claim amount that is not covered by the insurer and has to be paid by the policyholder. Once the claim amount crosses the deductible limit, […]
How can employees take advantage of group to individual portability?
As per Health Regulations 2016, portability guidelines, members covered under any group health insurance policy of a general/health insurer can port/migrate from a group policy to an individual policy with the same insurer. Though group health insurance schemes do not provide all the benefits which are available in an individual policy, they seem to be more relaxed. This guideline is extremely […]
What are the options for a company to buy insurance for expat employees?
Most companies now have global operations. The statutory laws of the foreign land may require them in order to provide coverage. To expat employees working in their respective geography. Since in most countries the local law regulates insurance while buying the for expat employees. It is important to ensure that the policy is admissible in […]