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The move is expected to encourage more private hospitals to empanelled hospitals to provide better healthcare services
Policyholders can buy health insurance even with these existing conditions that are considered high risk by insurers.
Depending on the funds chosen by investors, a portion of ULIP premium is invested in various equity funds, debt funds or a mix of both.
Mashak Rakshak policy, which was introduced by Irda, is a standard health insurance policy designed for vector-borne diseases.
Reliance General Insurance has launched an OPD product called Digital Care Management policy that is designed to cover regular outpatient expenses.
The premium for senior citizen's health insurance policies will always higher than those for younger people.
As per the Motor Vehicles Act, it is mandatory for every vehicle owner to buy a motor insurance policy in India.
The company is targeting gross premium income of Rs 10,000 crore in five years
ULIPs provide benefits of both insurance and investment but mutual funds are purely investment vehicles.
Here are a few things you should know about health insurance portability.