Does your health insurance policy cover cancer, stroke and other critical illnesses? Here’s what to check and what to do

Critical illness insurance offers a vital financial safety net against the exorbitant costs of serious diseases like cancer, heart attack, paralysis and more. Critical illness coverage provides a lump-sum payout, supplementing standard health insurance policy to manage treatment expenses, recovery, and potential income loss during challenging times.

Health insurance: How insurers can use ‘material change’ clause to hike your health insurance premium at renewal

Health insurers are introducing a new 'material change' clause in policies. This clause allows them to alter premiums and policy terms. Experts suggest this may conflict with IRDAI regulations. Policyholders are advised to seek clarification and understand their rights regarding policy continuity and coverage.

LIC launches Jan Suraksha (880) and Bima Lakshmi (881) plans: Check eligibility criteria, minimum sum assured, entry age and other features

LIC new policies: Life Insurance Corporation of India has introduced two new insurance plans. The LIC Jan Suraksha Plan is designed for lower-income individuals, offering life cover and maturity benefits. The LIC Bima Lakshmi Plan is exclusively for women, providing life cover, periodic money-back options, and critical illness coverage. These are LIC's first products launched under the new GST regime.

Government’s landmark GST reform fuels all-time high demand for health and term insurance on Policybazaar

Policybazaar witnessed its highest-ever traffic for health and term insurance following the government's 0% GST announcement. Demand surged significantly, with term insurance seeing a 2.5x increase and health insurance a 2.2x rise, converting latent demand into active interest and strengthening household financial resilience.

Getting only 50% of surgery cost in your health insurance claim? Here’s why you need to check sub-limits clauses in your policy

Health insurance policies often have hidden sub-limits. These caps on specific treatments or room rents can lead to unexpected out-of-pocket expenses. Policyholders must carefully review their documents to understand these clauses. Ignoring sub-limits can result in claim rejections. Choosing a policy with no sub-limits or adequate coverage is recommended for a stress-free hospital stay.