Will colour-coded health insurance policies ease buying for customers?

All individual health plans will be allotted three colours— green, orange and red—to indicate the level of complexity of the product. The colour shall be decided on the basis of scores, which shall be on a scale of 0-6, and the scores will be assigned on seven parameters.

Life insurance companies to offer standard term policy from Jan 1, 2021: Check details here

All life insurers permitted to mandatorily offer the standard term life policy with effect from January 1, 2021.

Coronavirus has highlighted India’s healthcare crisis: Here's how we can resolve it

A significant portion of the middle class is still unprotected. India would do best with a public-private partnership of insurance companies, the government and private healthcare providers to give quality healthcare to the middle class at an affordable cost.

Irdai to look at system for colour-coding health insurance covers

The colour-coding will be based on a scoring method of between 0 and 6. Based on criteria, if a product gets a score of 2 or less, it will be green-coded, 2-4 will be orange and above 4-6 will be red.

Reliance General Insurance introduces 'Insurance Gift Card': Should you get one?

The gift card will work like any gift voucher that can be redeemed and utilized as an additional payment mode for making premium payment. The Insurance gift card comes with a validity of 6 months.