Hospitalization Cover under Health Insurance
Hospitalization Cover is the most important benefit offered by health insurance companies. It involves covering medical expenses incurred on treatment when the patient is admitted in the hospital for at least 24 hours. Most health plans have a fixed amount of sum insured and an insurance plan will cover all those expenses in hospital till […]
Read moreRESET BENEFIT IN HEALTH INSURANCE
In India, most insurance plans come with a fixed sum insured. This means that the insurance provider is liable to cover the cost of treatment only up to that amount. If the cost of treatment exceeds sum insured, one has to bear the additional bill from his or her own pocket. This is the reason […]
Read moreFree Health Check-up in Health Insurance
As the saying goes, ‘a stitch in time saves nine’. This means that if a problem is identified and resolved at the onset, it would not grow into something big and unmanageable. One of the best ways to ensure good health is to undertake regular check-ups so as to be able to identify any disease […]
Read moreIRDA GUIDELINES TO INSURANCE COMPANIES ON COVID-19 CLAIMS
Due to the outbreak of Coronavirus (Covid-19), India’s insurance regulator, the IRDA (Insurance Regulatory and Development Authority) has issued instructions to insurance providers on matters related to insurance claim settlement for those affected by the deadly virus. The instructions were issued on vide circular dated 4th of March, 2020 under the provisions of Section 14 […]
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