IRDAI introduces standard travel insurance policies to help consumers
The IRDA guidelines called Standard Domestic Travel Insurance Product (SDTIP) have introduced five variants of the travel insurance products. They will have the basic mandatory covers which will be uniform across the market.
5 types of term insurance policies
In a term insurance policy, if the policyholder dies untimely, the family or nominee gets the sum assured as a lump sum. Term insurance policy provides insurance cover for the term specified in the policy. Here are 5 types of term plans with premium calculations.
These health insurance policies cover home treatment costs also: Is your policy one of these?
The domiciliary hospitalisation feature is especially useful now as many Covid-19 patients are being turned away by hospitals due to shortage of resources such as oxygen, medicines, beds etc.
Porting to new health insurer: When to leave existing insurer, what the move entails, when you can't shift
You may want to move to a better insurer, but it is not necessary that your application will be accepted by the new insurer. Find out when you should leave your existing health insurer, what the move entails and under what circumstances you may not be able to shift.
Insurers should reimburse medical treatment at home when hospital beds unavailable: View
Patients who are being forced to settle for medical treatment at home due to scarcity of hospital resources, will not be able to claim insurance reimbursement for such home care howsoever justifiable it may be.
