What is insurable interest?
Insurable interest in the property or life is the basis of insurance policies. The essential thing is that there must be some property, right, life or potential liability capable of being insured.
7 reasons why your insurer is making you bear hefty medical bills
Some hospitals may charge more for expenses that are not a part of your health insurance policy. Thus, insurers may only settle claims based on predefined rates, as recommended by the General Insurance Council. This can lead to significant cuts in the claim amount.
Your opportunity to invest in Health, Wealth and Life cover, under one single plan
Tata AIA's Param Rakshak Plus is a comprehensive plan that not only offers life insurance cover till age 100 but also provides Hospital Care as well as Critical Care benefits. It also offers return on maturity when the policy term is completed.
Covid survivors, if unfit after 3 months, may not get life insurance cover
Lakhs of people, who survived Covid-19, are expected to deal with long-term medical issues like heart, kidney and lung damage, especially those who were hospitalised for four weeks or above, after contracting the coronavirus.
What is the process of reactivating lapsed life insurance policy?
Not paying life insurance policy premiums on time can lead to the policy being lapsed. This would lead to the termination of benefits and coverage of the policy. Follow the process below to reinstate your lapsed insurance policy.
