Buyers often check and compare the premium payable from different insurers before buying a policy
Considering not all medical treatment need hospitalisation, OPD health insurance plans cover doctor’s consultation fees, cost of medicines, etc
As job loss insurance is available as a rider benefit, there is no separate process to renew the policy
111 claims are pending due to incomplete claim documents or delay in receipt of documents from states and union territories, the government said
Handset insurance plan starts from as low as Rs 49 and goes up to Rs 13,000
The reason for the downward trend can be attributed to the contraction in business activity seen by the Life Insurance Corporation of India (LIC).
This problem is faced by many beneficiaries where deceased had multiple insurance policies
The family has sought direction to the insurance firm to reimburse the hospital bill amount, or the hospital be asked to return the treatment costs.
Money back plans include periodic survival benefits in addition to maturity and life cover
The surety of stable income draws millions towards guaranteed insurance plans. But are these guarantees good enough?