Published in Mint on Aug 03 2015. Advantages of insurance going digital. Digital insurance services offer convenience, choice and comparison. The financial services industry, including insurance, is also making efforts to tap this space. Life insurance, traditionally sold by agents, is available for online purchase, often at lower prices. According to a report by Boston […]
Articles Tagged: health insurance
Feedback helps mediclaim ratings advance
Published in Mint on 27 July 2015, Written by Kapil Mehta The Mint Mediclaim Ratings (MMR) rate individual health insurance products across age and sum assured categories, and are tracked by industry and insurance buyers. Readers write in with detailed queries, often commenting on product specifics. Insurers with A-rated products prominently display these on their […]
Securing the future of a special needs child
Published in Mint on Jul 09 2015 Shrishti Saran, 10, suffered a brain fever in June 2011 at the age of six. Meningitis, which leads to inflammation in the brain and spinal cord, can be lethal. She was spared but left paralyzed. Bed ridden since 2011, the Saran family and Shrishti, who likes to watch […]
Discounts to show on your hospital bills
Published in Mint on Jun 25 2015 Having a health insurance policy, means you may be eligible for a hospital bill discount if you get hospitalized. “Insurers and third-party administrators (TPAs) can get a discount of up to 20% on hospital bills,” said Kapil Mehta, executive director, SecureNow Insurance Broker Pvt. Ltd. TPAs are a […]
Five steps to take before tying the knot
published in Mint on Jun 12 2015 Kirtan Shah, 29, plans to get married this December, but the Mumbai-based certified financial planner and chief executive officer of Ambition Learning Solutions, already has a clear view of his financial role post marriage. “I have decided that I will take care of all household and leisure expenses. […]
New buyers of health plans may pay more
Published in Mint on May 28 2015 Most of us tend to buy health insurance policies later than sooner, when chances of facing health related issues are higher. So, to encourage more younger people to buy health insurance, an expert committee on health insurance has recommended that the premiums reflect risk at the age of […]
Hospitals need soul-searching
Published in Mint on 13 May 2015, Written by Kapil Mehta Earlier this year Vijay (who wanted to be identified only by his first name), a blue-collar worker who has a medical insurance, suffered chest pains and was rushed to a prominent hospital in New Delhi. Vijay’s insurance was verified and was immediately admitted. Vijay […]
Insurance gets a new distribution channel
Published in Mint on March 23 2015 The insurance industry is ready for a new distribution channel—insurance marketing firm, officially abbreviated as IMF. The channel will be allowed to distribute policies of two insurance firms in the same line of business, and will also be allowed to distribute other financial products as allowed by the […]
Financial instruments likely to cost more
Published in Mint on Mar 02 2015 Apart from mobile phone and restaurant bills, cost of financial products, too, will go up marginally due to the increase in effective service tax rate from 12.36% to 14%. The Finance Bill states: “In the new service tax rate the education cess and secondary and higher education cess […]
Keep Your Skin Hydrated in the Winter Time
When that unpleasant chill hits the air, it’s time to get tips on how to keep your skin hydrated in the winter time. Dryness can be uncomfortable, and it’s important to defend yourself against the elements in order to maintain smoothness and suppleness all season long. Keeping skin beautiful and hydrated in colder weather calls […]