How to select the right motor insurance cover: 8 points to consider
Evaluate your coverage needs based on the type of vehicle and its usage. Determine whether you require basic third-party liability coverage or comprehensive coverage that includes protection against own damage, theft and natural calamities.
Health insurance rules changed for senior citizens: Be ready for a 10-15% hike in health insurance premiums
In a major reform, Insurance Regulatory and Development Authority of India (IRDAI) has removed the ceiling of 65 years for a person to buy a health insurance policy. Additionally, the waiting period for pre-existing conditions has been reduced from four to three years. Both these rules have been effective from April 1, 2024. Will these new rules help uninsured senior citizens get health coverage? How easy is it now to buy a health insurance policy for the first time at the age of, say, 70? Find out here
Don't have insurance? Be ready to pay up to 10% more at hospitals; here's why
Fortis Hospital Gurgaon's billing practices revealed a 27% bill increase for self-paying patients. Investigations by Times of India uncovered discrepancies in billing for self-paying and insurance-covered patients, showcasing the hidden disparity in healthcare costs.
Senior citizens’ health insurance cover: 5 things to know
Senior citizen health insurance covers medical expenses incurred by people above 60 years old.
3 changes in health insurance claim rules to help consumers: Reduced waiting period for pre-existing diseases, moratorium
Whenever you buy a health policy, the insurer informs you about the waiting period for pre-existing diseases and specified diseases which are not covered during the waiting period. The regulator has revised the rules and brought down this waiting period. Similarly the moratorium period has also been brought down by 3 years after which no claim can be denied under policy except in case of fraud.