Pre-existing medical conditions play a crucial role in obtaining health insurance coverage, impacting policy eligibility and claim settlements. Pre-existing diseases refer to an individual’s health conditions before purchasing an insurance policy. These conditions can range from chronic illnesses like diabetes,… Continue Reading
Proper insurance documentation is crucial for insurers and insurance companies in the insurance industry. It is the backbone of the claims process, ensuring a smooth and efficient experience for all parties involved. Accurate and thorough documentation offers the essential data… Continue Reading
People eagerly wait for the arrival of monsoons as it provides relief from the scorching heats of the summer. However, along with the pleasant change, the rainy season also presents challenges. In cities with inadequate drainage systems, heavy rainfall can… Continue Reading
National insurance awareness day reminds us of insurance’s immense value in our lives. This day was first launched in 2010 by the National Association of Insurance Commissioners. It urges us to recognize that insurance is not merely a financial instrument… Continue Reading
Insurance finds its roots in ancient India from the 4th century. It can be found in Indian writings, including Kautilya’s Arthashastra, Manu’s Manusmriti, and Yagnavalkya’s Dharmashastra. These texts describe insurance as a practice where people pool their resources to be… Continue Reading
Healthcare costs are rising at an alarming rate, with medical inflation outpacing general inflation year after year. The increasing financial burden on individuals and the healthcare system as a whole is a cause for concern. Medical inflation is the term… Continue Reading
Airtel Payments Bank has stepped up to offer its customers easy access to health insurance by partnering with Care Health Insurance. Now Airtel customers can buy Care Health Insurance products that include a comprehensive Group Care – 360 via the… Continue Reading
Life insurance protects your family from financial loss. No one can compensate for emotional loss but financial loss can be protected through insurance. Life Insurance gives you and your loved ones peace of mind; hence, all premiums must be paid… Continue Reading
As per IRDAI guidelines, life insurance companies can now offer individual and group unit-linked life under File and Use system. Life insurance companies have also been allowed to offer combi plans of life and health insurance plans without the need… Continue Reading
Sumesh has recently purchased a life insurance policy with which he aimed to secure his family’s financial future. It has only been 10 days since he purchased the policy when he noticed something odd with the policy. Instead of the… Continue Reading