IRDA Standardization of General Terms and Clauses in Health Insurance Policy Contracts

September 28, 2020 By HealthInsuranceAdvisor In General Insurance, Health Insurance Explained, Health Insurance India, Health Insurance Sahi Hai, Insurance News, News
Guidelines on Standardization of General Terms and Clauses in Health Insurance Policy Contracts 1. OBJECTIVE: The Objective of these guidelines is to standardize the general terms and clauses incorporated in indemnity based Health Insurance [excluding Personal Accident (hereinafter called as PA) and...

Health Insurance Premium are set to increase after 1st October 2020

September 22, 2020 By HealthInsuranceAdvisor In General Insurance, Health Insurance India, Health Insurance Sahi Hai, Insurance News, News
Starting from October, your health insurance premiums are set to increase. To make health insurance products more ‘customer-centric’, the Insurance Regulatory and Development Authority of India (Irdai) has introduced a host of changes in last one year. The insurance regulator made it m...

GST in Health Insurance might reduce to 5%.. Great news !!

September 12, 2020 By HealthInsuranceAdvisor In General Insurance, Health Insurance India, Health Insurance Sahi Hai, Insurance News, News
The Insurance Regulatory and Development Authority of India’s (IRDAI) has again made fresh plea to the Finance Ministry for reduction in GST of health and life insurance, a move, which if approved may lower the premiums of the insurance schemes. IRDAI has approached the Finance Ministry, reque...

Cost and Limits of Covid claims

August 18, 2020 By HealthInsuranceAdvisor In Corona Virus / Covid 19, General Insurance, Health Insurance Explained, Health Insurance India, Health Insurance Sahi Hai, Insurance News
Dear Sir, Health Insurance cares for the safety of you and your family members during this pandemic. We urge you to take utmost care of your health and stay safe. As your preferred insurance partner, we strive to provide maximum support, assistance and valid information to our customers about the on...