Although the plan provides extensive coverage with efficient claims processing and valuable benefits, it's crucial to carefully consider its drawbacks when comparing it to other available options.
Chennai's share in overall vehicle thefts doubled from 5 percent to 10.5 percent, while Bengaluru was at 10.2 percent. Hyderabad, Mumbai and Kolkata continued to see the least number of thefts.
Health insurance claims filed by women have gone up by 25 percent Amongst women-specific illnesses fibroids 30 percent breast cancer 30 percent and cervical cancer 10 percent have emerged as the most common causes of claims a Policybazaar study has found Tune in for more
If one policy’s sum insured is inadequate to take care of your hospitalisation bill, you can claim the remaining amount under another policy. You cannot, however, file claims under both policies for the same set of expenses. That is, you cannot violate the condition that insurance covers are not meant for making profits.
Activ Fit demonstrates good claims performance and comprehensive coverage, but the complaints rate, at 18.0 per 10,000 claims, is relatively higher compared to other A-rated plans.
International Women's Day: Compared to motor insurance, where over 50 percent women said they understood their policy benefits and clauses, only 32 percent were aware of their health insurance coverage details.
Health insurance claims filed by women have gone up by 25 percent. Amongst women-specific illnesses, fibroids (30 percent), breast cancer (30 percent), and cervical cancer (10 percent) have emerged as the most common causes of claims, a Policybazaar study has found. Tune in for more.
The Association of Healthcare Providers of India says that randomly applying Central Government Health Scheme rates will lead to a collapse of many hospitals, particularly the bigger ones. A scientific study to determine the range of rates is the way forward, says Girdhar Gyani, AHPI’s Director General.
The plan offers a comprehensive wellness package, and does not impose co-pay or room rent sub-limits. But there are certain limitations such as lack of OPD cover and a three-year waiting period for pre-existing diseases.
On an alarming note, Bajaj Allianz CEO Tapan Singhel, who is also Chairman of the General Insurance Council, said the industry’s ‘Cashless Everywhere’ proposal has faced pockets of resistance from the hospital ecosystem.
Rising equity markets are bringing investors into mutual funds through SIPs. And insurance companies want to have a pie. Insurers have now increasingly started using terms like NFOs, index, fund, switch, NAV, SIIP, market risks, etc. that are used for mutual fund products. While both offer investments in stock markets, the entry costs, lock-in period, and withdrawal terms differ. Be mindful of the differences.