Published in Mint on 10th March 2015, Written by Abhishek Bondia Is the no-claim bonus discount transferable if I decide to shift insurers? —Pradyuman Sahay Yes, it is possible to transfer the benefit of your no-claim bonus in a portability case. The receiving insurer will give you the continuity benefit on the entire sum assured, […]
Articles Tagged: Health Insurance Plans
Add-on plans are better than having two health policies
Published in Mint on 24th March 2015, Written by Abhishek Bondia My car was slightly damaged in an accident. Should I make a small claim or wait to avail the no-claim bonus? —Aakash Tripathi You should lodge a claim if the potential claim receivable is more than the no-claim bonus. Typically, if the car is […]
Switch from covid plan to overall health insurance
Published in Livemint. If you bought one of the two covid-specific products—Corona Kavach and Corona Rakshak—for the shortest tenor available, you may soon be left without a cover. The Insurance Regulatory and Development Authority of India (Irdai) launched the two products on 10 July that come with tenors of 3.5, 6.5 and 9.5 months. Once […]
Options for overseas medical treatment
Published in Mint on 14th June,2017 When you travel abroad, it’s advisable to buy travel insurance. This insurance policy pays for medical emergencies other than insuring any flight inconveniences. It doesn’t of course cover planned hospitalization, but did you know there are health insurance plans that cover planned international hospitalization as well? Here we discuss […]