Standard health products for vector-borne diseases can work as a supplementary cover Published in Livemint. The Insurance Regulatory and Development Authority of India (Irdai) last week launched draft guidelines on standard health insurance products for vector-borne diseases such as dengue, malaria, kala-azar, chikungunya and zika virus. The general and health insurers can offer one or a combination of diseases […]
Individual Insurance
Tips to minimise your motor fleet insurance premium
The cost of operating a fleet can be considerable. A motor fleet insurance policy helps reduce the cost of maintenance and accidental wear and tear. And to make even more gains, you can apply the tips discussed here to ensure an affordable premium on your motor fleet insurance. Minimizing premium when buying motor fleet insurance […]
How to file a claim under Building Insurance?
How to file a claim under Building Insurance? Following steps should be taken to file a claim under building insurance: Step 1: Inform the company: Notify your insurance company. You must not try to undo the damage yourself if you have an insurance which covers the damage that you have suffered. Next, one must prevent […]
What is the meaning of Insurance?
What is the meaning of Insurance? The concept of insurance originates from the principle of sharing the risks by a large group to reduce the burden on the few. Insurance also refers to ‘Risk Transfer’ in the language of risk management techniques. Insurance is a legal contract involving two parties, where one party proposes to […]
What is the meaning of Health Insurance?
Health insurance gives you coverage against hefty medical expenses that may arise due to sickness and accidental injury. In most of the cases, health insurance is offered to people in the age group of 5 to 80 years. In some cases, children under five years are covered if their parents are also covered. Health insurance […]
What is covered under a Critical Illness Insurance Policy?
Due to a sedentary lifestyle, even younger generation is also suffering from life-threatening ailments like cancer, chronic kidney disease, cancer, diabetes, etc. According to the World Health Organisation (WHO), every year nearly 1.7 billion hearts stop working. Further, more and more youngsters are suffering from oral cancer as they get hooked on smoking, tobacco or […]
What are the different Types of Life Insurance Policies?
Similar to health insurance, life insurance policies are of two types: Individual Life Insurance Group Term Cover Unlike health insurance there is no family life insurance cover, although, there can be joint life covers. Group term cover is a simple term plan which is provided to a large homogenous group of people. Only difference is […]
Different types of Health Insurance plans to cover medical costs
There are multiple types of health insurance policies available to provide for the various health related expenses incurred by individuals. However, by buyer eligibility we can divide all plans into three broad classes: Group Health Insurance Personal Health` Family Floater Although, features and types of expenses covered are different in both the policies Individual health […]
What should you consider while buying health insurance for senior citizens?
People who are looking for health insurance for their senior citizen parents, or senior citizens who want to buy health insurance for themselves, should consider the following points which will help them to buy the right policy: Age: Most of the health insurance companies offer policies for senior citizens, but they limit the entry age […]
Why your domestic help must have insurance
Published in Mint on Sep 07 2016, Written by Kapil Mehta The building, in Delhi, where I stay has 11 residents with 15 supporting domestic staff consisting of full-time maids, drivers and security guards. Since there are about 400 homes in my locality this means our small colony alone has over 5,000 domestic staff. They […]
