Published in Mint on 3rd May 2018 The Insurance Regulatory and Development Authority of India (Irdai) has got a new chairman: Subhash Chandra Khuntia, a former chief secretary to the Karnataka government. He will succeed T.S. Vijayan, who retired in February. Khuntia has his work cut out both in the life and the non-life space. […]
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Health cover can be bought for those with pre-existing diabetes
Published in Mint on 15 September, 2015, Written by Abhishek Bondia What are the grounds for increasing my premium rates for health insurance policies? —Abhay Sinha For initial issuance, insurers consider your pre-existing medical condition to increase rates beyond their standard table. This medical condition could be an old surgery, a chronic ailment, or even […]
Top 5 Exercises For Your Chest
There are dozens of exercise which you can do at the gym or at your home. But you need not have to try all these exercises on each schedule of your chest day. In this article, we will be telling you top five cheat exercises which will help you in a developing picture perfect chest. […]
Take long-term life plan at older age for long-tail liabilities
Published in Mint on 22 September, 2015, Written by Abhishek Bondia I am a 59-year-old man and do not have a life cover. Can I buy a term plan now? What are the things a person my age should consider while buying a life insurance policy? —Suresh Kapoor Yes, you can buy a term plan […]
Benefits of Vitamin C
Vitamin C is also known as ascorbic acid is a water-soluble vitamin found in food and is used in many dietary supplements. It is useful to reduce inflammation and neutralize free radical. Vitamin C is used by our body to generate other compounds such as L-carnitine and neurotransmitters. Research has uncovered many potential benefits of […]
Changing insurers may mean fresh medical underwriting
Published in Mint on 29 September, 2015, Written by Abhishek Bondia I have a Rs.7-lakh health insurance cover from a private sector insurer and want to increase my cover to at least Rs.10 lakh. Is it better to stay with the same company or should I look for a new insurer? —Leela Varghese You are […]
5 Health Benefits of Barley
In India, although wheat, jowar and oats are most popular whole grains, barley is slowly gaining the popularity. This is because of its richer nutrition and many health benefits. Barley is low in calories, high in fibre and loaded with vitamins, minerals and antioxidants. Barley, also known as ‘Jau’ in India, is beneficial for skin, […]
There is a limit on the number of free switches on a policy
Published in Mint on 6 October, 2015, Written by Abhishek Bondia Are there any differences in critical illness riders of various insurers? —Jayant S. There are differences in critical illness riders. First, the number of illnesses covered under critical illness vary substantially. On average, plans cover about 10-12 critical illness. On the lower side, plans […]
Q&A: It’s difficult to take cashless cover from two insurers for same claim
Published in Mint on 30th April 2018. Written by Abhishek Bondia Is it possible to get cashless coverage from two insurers simultaneously? —Ravi B. When the sum insured gets used up in one insurance policy, you can claim the balance amount from the second insurer. The second insurer will insist on the final claim settlement […]
All insurers have some restrictions on pre-existing diseases
Published in Mint on 13 October, 2015, Written by Abhishek Bondia What does one get if she survives the term of the policy? —Karthika In case of a typical term insurance policy, the survivor does not get any benefit on expiry of the policy term. A term insurance policy is a protection plan. So, if […]