These new health insurance rules to benefit senior citizens. Here's how

• IRDAI has asked insurers to increase the maximum age limit field for health policies
• IRDAI's call to introduce the option of multiple premium payment options is a welcoming change

Why the slump in automobile sale hasn’t hit motor insurers

• General insurance companies seem to be enjoying the spike in the sale of motor insurance policies
• After the amendments to the Motor Vehicles Act, not having a third-party motor insurance attracts a fine of ₹2,000 for the first offence

The menace of mis-selling in insurance and how to curb it

• The spat between ICICI Pru Life Insurance and its former employee reveals a larger industry problem
• Front-end commission structure and high exit cost contribute to mis-selling in insurance

Will ‘Sabse Pehle Life Insurance’ make a mark?

• Taking a cue from the success of ‘Mutual Funds Sahi Hai’ campaign, Life Insurance Council launches similar slogan with an eye on boosting penetration
• It’s an opportunity to segregate life insurance based on protection and protection-cum-investment

Health insurance policies now cover mental illnesses

• The Mental Healthcare Act 2017, directs every insurer offering health insurance products to cater to policyholders with mental illnesses the same way they cater to physical illnesses or injuries
• The Irdai guidelines say an insurer cannot discriminate an illness in being mental or physical

LIC says social media messages baseless, policyholders' money safe

• LIC says social media messages wrongly speculate about its financial health
• Clarification comes after messages on social media claimed that LIC is in heavy losses

Best health plans for a sum insured of ₹20 lakh for 30 and 45 year olds

• Here is a comparison of top health insurance plans for different sum assured and across different age groups
• Only the A-rated health insurance plans have been shown here

Health coverage to be wider, but costs may rise

• Irdai guidelines may be good news for policyholders who didn’t understand how exclusions worked and got a shocker at the time of making a claim
• Irdai has told health insurance companies to standardize exclusions for existing products by 1 October 2020

Term plan premiums explained

• A term plan is the only kind of life policy you need to have because it gives you a large cover for low cost
• Buying a term plan also needs due diligence at your end when filling up the insurance policy form called as the proposal form

Irdai moves to make sale of life covers transparent

• Irdai’s new guidelines for life insurers aim to protect policyholders against mis-selling
• The guidelines will help better readability of all charges, year-by-year fund value at assumed rates of 4% and 8%, surrender value and life cover

Monthly premium, more illness to be covered:5 changes in health insurance policy

• IRDAI is trying to make insurance policies more standardised
• Now one can pay health insurance premium in installments

Term plan premiums explained

• A term plan is the only kind of life policy you need to have because it gives you a large cover for low cost
• Buying a term plan also needs due diligence at your end when filling up the insurance policy form called as the proposal form

Insurer may exclude pre-existing illness permanently if it’s considered chronic

• The decision whether to exclude it permanently or not varies from insurer to insurer and their underwriting norms
• Larger insurance companies sometimes have more liberal norms

Top health insurance plans for you

• Here is a comparison of top health insurance plans for different sum assured and across different age groups
• Only the A-rated health insurance plans have been shown here

Pay health premiums in instalments now

• Monthly, quarterly or half-yearly: choose your frequency to pay
• The regulator’s move also comes as a relief for senior citizens whose premiums increase significantly

Opinion | 2019 MSMR sees rise in A-rated products

A handful of products have consistently managed to stay ‘A’ rated over the years

Choose from India’s best health policies

• Don’t stop at top-rated plans; find one that caters to your needs
• The ratings should not only help you choose a plan well but also help you develop an understanding about what to look for in health insurance

Best health plans for a sum insured of ₹20 lakh for 30 and 45 year olds

• Here is a comparison of top health insurance plans for different sum assured and across different age groups
• Only the A-rated health insurance plans have been shown here

Should you go for the ₹2 cover that comes with your Ola ride?

• Bite-sized insurance policies come with low premiums, but the cover they provide is limited in scope
• Traditional plans offer a wide range of covers within a single product, whereas sachet policies address specific risks

NHA, IRDAI recommend measures for effective healthcare through health insurance

• The report recommend to build a National Repository of Empanelled Hospitals under insurance/govt schemes with defined standards for quality, package rates and codes
• The report also recommended developing a roadmap to get one common list of accredited verified hospitals for the entire industry