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With a sharp rise in Covid-19 cases in the country, individuals should stay prepared by buying a Covid-specific health insurance plan that will help reduce the financial burden of treatment and hospitalisation.
Synopsis There are many comorbidities which are becoming critical in case of covid infections and insurers have also increased their testing to identify such diseases while issuing new policies. Getty Images Wait longer for new life and health insurance plans It has become rather difficult to buy life or health insurance policies instantly for those who have recovered from the novel coronavirus. That is because many insurance companies require a cooling off or waiting period of one to three months if a covid survivor is applying for a health or life insurance policy. Further, you may have to ...
COVID-19 Treatment: Does Your Health Insurance Policy Cover All The Expenses? COVID-19 Treatment: Does Your Health Insurance Policy Cover All The Expenses? Know more about a few of the policies that can protect you financially, and the extent to which they can On Monday, India registered a record 2,73,810 new daily cases and 1,619 deaths. India is battling against an intense second wave of COVID-19 and there are no signs of the pandemic slowing down. On Monday, India registered a record 2,73,810 new daily cases and 1,619 deaths. The infection tally crossed the 1.5 crore-mark on Monday aft...
Updated Apr 18, 2021 | 16:46 IST The court issued notice to IRDA and Max Bupa seeking their stand within two weeks, saying a large number of insured persons would be affected by such an insurance policy. Explain basis for approving insurance policies excluding mental illnesses from full coverage: HC to IRDA New Delhi: The Delhi High Court has asked insurance sector regulator IRDAI to explain on what basis it was approving insurance policies that excluded mental conditions from full coverage. Justice Prathiba M Singh said the Mental Healthcare Act of 2017 makes it c...
Bavadharini KS BL Research Bureau | Updated on April 17, 2021 × Do keep in mind that premium may go up in case one of the members has a pre-existing condition A health insurance policy is a must-have even before you plan your investments. But before you buy one, give a thought to whether you want to buy an individual or a family floater insurance policy. In case of the latter, a single policy takes care of the medical expenses of the entire family. While both variants of the policy help ease your financial burden at the time of a medical emergency, a family floater policy is not always recom...