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In an interview with Money 9, Girish Rao, chairman and MD of Vidal Health, talks in detail about coronavirus coverage under a health insurance policy.
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In LIC, you can pay premium amount through agents, or visit LIC offices or pay through online mode. But for PLI, you have to visit the branch or use the services of an agent to deposit the money
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If there’s anything the Covid pandemic has reminded us it’s that life is fragile and uncertain. Therefore, make sure you are adequately covered with different kinds of insurance.
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Just the way you don't delay your parent’s treatments one should not delay increasing their health cover
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Now that Covid has hit lower middle class to lower-income group families in the country, it is necessary for everyone to remember at once whether they have paid an annual premium of Rs 330 or not
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Under covid-specific policies, you are offered wider coverage in terms of home treatment and PPE while in basic mediclaim policies, generally, home treatment is not covered
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The advantage of PLI is that they offer the products at relatively cheaper premium with high bonus rates
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Finance Minister Nirmala Sitharaman on Thursday asked the Insurance Regulatory and Development Authority to direct companies to prioritise authorisations and settlement of Covid cases
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The pricing of the vaccine should not largely bother the common man since everyone turning up at government healthcare units are getting it free of cost even if there has been no formal announcement to make the jab free
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Any illness/disease which is already diagnosed at the time of buying insurance cover is termed as pre-existing illness
