What Insurance Data tells us about Covid Claims in Health Insurance ?

September 20, 2021 By HealthInsuranceAdvisor In Health Insurance Explained, Health Insurance India, Health Insurance Sahi Hai, Insurance News
Covid CLaim Health Insurance Sahi hai
At least 24.34 lakh health insurance claims for Covid-19 treatment have been filed between last March, when the pandemic started, and September 7 this year. The claims amounted to a total of Rs 30,806 crore, data from the Insurance Regulatory and Development Authority of India shows. About 85% claim...

All Health Insurance Claims to be payable after 8 Years ??..

June 12, 2020 By HealthInsuranceAdvisor In General Insurance, Health Insurance Explained, Health Insurance India, Health Insurance Sahi Hai, Insurance News, News
Once you have paid premiums for a health insurance policy for eight years continuously, your insurer will have to pay all claims as per the policy limits from April 1, 2021 onwards. Insurance Regulatory and Development Authority of India (IRDAI) in its guidelines on standardisation of terms and clau...