Health insurance is an important necessity that provides coverage for hospitalisation and other related expenses in case of medical emergencies. When you select a health insurance plan, it is important to understand two important terms of medical services – OPD and IPD. OPD covers day-to-day healthcare needs like doctor consultations, minor treatments, and diagnostic tests […]
Articles Tagged: health insurance policy
17 Types of Government Health Insurance Schemes in India
The government health insurance schemes in India are medical insurance plans, which are affordable and can be accessed across all states and the rural regions in the country. In this article, we will discuss the 17 important Types of government health insurance schemes to consider which are usually offered on an annual basis. Various Government Health […]
What is Eligibility and Coverage under Vidyarthi Mediclaim Policy for Educational Institutions?
The National Vidyarthi Mediclaim policy for educational institutions is designed for students to cover their health needs. It is a blend of health insurance policies and personal accident coverage. It covers the students against hospitalization expenses, mental illnesses, morbid obesity, and any injuries while studying in an educational institution. Furthermore, it also offers personal accident […]
Presenting: A unique Family Health Insurance policy that offers practically every benefit you need!
Family health insurance is essential nowadays. It’s a simple way to pay for the complete family’s health care requirements. This insurance helps to protect you from the expenses of hospitalization and medical services during a medical emergency. While health facilities in the country have been improving rapidly, their costs are also going up dramatically. Hence […]
At higher ages, one should opt for high sum assured amounts
Published in Mint on Sep 06 2016, Written by Abhishek Bondia I am 50 years old. I want to buy a suitable mediclaim policy. Please advise. —Surendra Khemka You could refer to the Mint SecureNow Mediclaim Ratings (www.livemint.com/mediratings) for a suitable plan as per your age. The rating is a comprehensive evaluation that considers factors […]
First goals, and then products
Published in Mint on Mar 07 2016 The basics of financial planning don’t change for women investors. Setting financial goals, discovering your risk appetite and finding products that are in line with your comfort and your goals continue to be the cornerstones of financial planning. The products remain the same, but some have added benefits […]
Insurance companies cover laptops on an ‘all risk’ basis
Published in Mint on 8th July 2014, Written by Abhishek Bondia I plan to get a compressed natural gas (CNG) kit installed in my car. How can the car be insured? —Tanmay Bhatt Motor policies can insure cars fitted with CNG kits. You will be charged an additional premium. Your insurer will provide the exact […]
Frequently asked questions related to Health Insurance?
Published in Mint on 30th Sept 2014, Written by Abhishek Bondia I am 30 years old and have a year-old daughter. My wife is a homemaker. What will be the right amount of health cover for my family? —S. Karuna At this young age, you have several options. Here is an approach to choosing the […]
IRDAI bows before the Delhi High Court
Published in Mint on 21st March 2018. After being chided by the Delhi High Court for turning a blind eye to how insurance companies are misusing the exclusion clause of genetic disorders in health insurance policies, the Insurance Regulatory and Developing Authority of India (Irdai) has asked insurance companies to remove genetic disorders from the […]
High Court pushes for clean health insurance
Published in Mint on 6th March, 2018. The fuzziness in drafting exclusionary clauses has made buying a health insurance policy a risk in itself in India. Vague, broad-based definitions and interpretation of clauses can leave you with a policy but no real cover. But now it’s time for a clean-up. In a 26 February 2018 […]