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All you need to know about indemnity-type Corona Kavach health insurance July 27, 2020
The cover will only be applicable if the person insured tests positive for Covid. The policy covers expenses for bed charges, nursing charges, blood tests, PPE kits, oxygen, ICU and doctor consultation fees during hospitalisation.
IRDAI allows Arogya Sanjeevani policy to be sold as group health insurance July 24, 2020
This standard group policy is expected to be useful to various private, public firms for covering the medical needs of their employees. The group policy is expected to provide protection to a large number of employees engaged in SMEs, services, etc.
Should you buy Bajaj Capital's coronavirus health policy that pays a lump sum to surviving insured? July 24, 2020
This is an indemnity type medical insurance policy offered to individuals for reimbursement of hospitalization expenses subject to conditions. The policy is offered in collaboration with Reliance General Insurance.
IRDAI allows Corona Kavach policy to be sold as group health insurance July 21, 2020
Earlier this month, amid spurt in Covid-19 cases in the country, the regulator mandated all insurers to launch Corona Kavach health insurance policy for both individuals and families. This is a standard policy created specifically to provide health insurance for coronavirus treatment.
How much premium will you pay for indemnity-type Covid Kavach health insurance? July 20, 2020
Covid Kavach is an indemnity plan that is available for individuals and families and will offer sum insured of up to Rs 5 lakh for hospitalisation expenses related to Covid-19. Here are some insurers’ premium rates for a 35-year-old man for a Rs 5 lakh plan.
Insurers can act against hospitals saying no to cashless coronavirus treatment: IRDAI July 15, 2020
The regulator has also asked insurance companies to set up an exclusive grievance redressal system to solve the challenges faced by policyholders. Further, IRDAI has asked insurers to report to government agencies where policyholders’ interests are adversely affected because of conduct the network providers.
Who should opt for indemnity-type Covid Kavach health insurance July 13, 2020
Given the fact that the market already has basic health plans covering the disease as well as Covid-specific plans, what was the need for another exclusive indemnity plan to cover Covid? More importantly, what should the customers do?
Three changes in health insurance from Oct 1 that will help policy holders July 9, 2020
The provisions of these guidelines shall apply to new health insurance products filed on or after October 1, 2020, while for existing health insurance products the modifications can be made with their renewal from April 1, 2021.
Insurers can offer Arogya Sanjeevani Policy for sum insured above Rs 5 lakh: IRDAI July 7, 2020
You can pay the policy premium either annually, half-yearly, quarterly or in monthly mode. There will be uniformity in premium pricing. No geographic location/ zone-based pricing is allowed.
Should you buy term life insurance with staggered payout option in case of death? July 6, 2020
Term insurance plans offer the staggered payout option instead of lump-sum payout in the event of the death of the insured person. However, such payout options offer low returns. When should you opt for such an option?

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