In a landmark move, IRDAI has removed the age limit of 65 years for individuals buying health insurance policies. This marks a departure from the conventional constraints that limited individuals in securing comprehensive coverage. CNBC TV18 spoke to several experts for their take on the policy shift and its implications.
Learn MoreUnder the 'Cashless Everywhere' system, policyholders will have the liberty to select any hospital for their treatment, breaking away from the limitations imposed by agreements or tie-ups between insurance companies and healthcare providers.
Learn MoreIRDAI has urged insurers to introduce tailored policies aimed at specific demographics, such as senior citizens and millennials, acknowledging the diverse needs within these segments.
Learn MoreEven treatments that require less than 24-hour can qualify as day-care treatments and are thus eligible for health insurance coverage. Read to know what's included and what's not.
Learn MoreOver 160 dengue cases have been reported in the national capital till mid-July this year, the highest for this period since 2018, according to a municipal report released on Monday, July 17. The report, issued by the Municipal Corporation of Delhi (MCD), also said 54 cases of malaria have been recorded in the same period.
Learn MoreInsurance plans are beneficial to anyone looking to protect their family, assets/property and themselves from financial risk and losses. Rising inflation, increasing medical costs, increase in lifestyle diseases, uncertainty in climatic conditions are good enough reasons for people to protect themselves with a strong financial cushion.
Learn MoreConsidering the uncertain times we live in, health insurance comes in handy — irrespective of your age. Often, people make the mistake of underestimating the importance of getting insured in their early years, thinking that it brings value only in the later stages of life. However, no matter what the age group, unforeseen circumstances may strike at any point.
Learn MoreLife Insurance Corporation of India (LIC) has launched a campaign to revive old insurance policies that were closed before maturity. Under this, LIC policyholders who shut their policies for any reason can start them again. The campaign will run till March 24, 2023. The insurance behemoth is also offering concessions in late fees during this tenure.
Learn MoreWhile easy access to loans help individuals realize their dream, buying a home is also encouraged by way of tax benefits. Understanding these benefits can be useful in our tax planning and must be included as one of the important factors to consider.
Learn MoreThe coverage amount or the sum assured is paid to the nominee in case of death of the insured during the policy tenure.
Learn MoreTo list LIC as a corporation, the government will have to make amendments in the LIC Act. The government guarantee is the biggest differentiator for LIC, and something that has given the behemoth an edge over its private sector rivals
Learn MoreAsia Pacific markets are falling Friday as fears about the novel coronavirus continue to spur a global sell-off. Japan's Nikkei 225 (N225) fell more than 3% in early trading. South Korea's Kospi (KOSPI) and Australia's S&P/ASX 200 each lost more than 2%. Hong Kong's Hang Seng (HSI) dropped 2.7%, while China's Shanghai Composite (SHCOMP) slid 3.4%.
Learn MoreUS stocks again sold off sharply on Thursday as worries about coronavirus mounted. The S&P 500 posted its worst day since August 18, 2011, and the three main indexes fell into correction territory. Stocks are on track for their worst week since the financial crisis.
Learn MoreLife Insurance Corporation of India (LIC) has increased its share of the insurance market in the country by 7 percent this year and now corners 73.2 percent of the industry.
Learn MoreAs per IRDA proposal, if your policy has completed 8 years, your health insurance claim cannot be contested. So, your claim won’t be rejected from the 9th policy year unless you have indulged in fraud or are making a claim for a permanent exclusion.
Learn MoreIf President Trump and Kim Jong Un come closer to an agreement, Chinese stocks are particularly poised to benefit, according to CNBC analysis using Kensho, a quantitative analytics tool used by hedge funds. When worries about North Korea's nuclear threat escalate, European and emerging market stocks are among the worst performers, according to Kensho.
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