Health insurance

[ad_1] New Delhi: India’s standalone health insurers grew two times faster than the general insurance industry in FY24, ToI reported on April 12 citing data from the General Insurance Council. The general insurance industry recorded an annual premium of close to Rs 2.9 lakh crore for FY24, marking a 13 per cent rise from the previous fiscal year’s Rs 2.6 lakh crore. Similarly, the five standalone health insurance companies…

[ad_1] New Delhi: A brand-new regulator for health insurance may be among the first proposals to be signed off by the next government, with the Union finance ministry seeking early consultations, two people aware of the matter said. The ministry has tapped the health ministry to begin consultations with insurance companies, healthcare service providers, the National Health Authority and others to formalize the plan, the people cited above said…

[ad_1] Magma HDI General Insurance Company and Suryoday Small Finance Bank have partnered under a Corporate Agency Agreement to provide health insurance to Suryoday Bank’s Commercial Vehicle Loan customers. This strategic alliance aims to enhance access to health insurance by utilizing Suryoday Bank’s widespread presence in both urban and rural areas. Also Read: From premiums to claims process: Decoding key terms in insurance policies | 8 points Partnership to…

[ad_1] You might be planning to invest in insurance, but reading the terms and conditions diligently can be an overwhelming experience. Before investing in an insurance policy, it is paramount to understand the fundamental terminology. Before you invest in an insurance policy, it’s essential to understand the basic terminology for better coverage comprehension. Understanding terms like premiums, deductibles, coverage limits, and policy riders is essential for better usage of…

[ad_1] Q. I recently got married and my spouse is self-employed. Can we combine our health insurance plans, or should we each maintain separate coverage? What are the pros and cons of each option, especially considering our differing employment statuses. Combining health insurance plans as a married couple, especially when one spouse is self-employed, involves weighing the pros and cons of different options. Here are some considerations to help…