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LIC policy: The policy bond is a document that is required at the time of settlement of claims on the policy
With Covid second wave throwing the decades old mortality estimates under the bus, group term insurance premium rates have risen up to 400%
After the severe second wave of covid-19 infections, the need for having a health insurance plan has become even more important
Insurers either not offering group covid cover policies or have sharply increased the premium rates making it unviable for corporates
It is always advisable to have a basic health insurance policy first and then increase its coverage by buying a top-up policy
IRDAI has allowed insurers to offer "homecare/domiciliary treatment" as an add-on cover, which can be bought with new as well as existing policies
Not only big corporates but also MSMEs have started opting for health insurance covers amid the second wave of Covid-19
It is a very valid concern. Crematorium members are not covered under the insurance scheme, Solicitor General Tushar Mehta said
Through the alliance, SBI General Life Insurance will offer a range of non-life insurance solutions
The Centre had made it compulsory to link Aadhaar with insurance policies. But in September 2018, the SC ruled against the government's decision