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If you pay the premium amount within a grace period then your health insurance policy can be rescued keeping your policy benefits intact
If you think the insurance policy does not suit your requirements, there is a window of 15 days during which you can approach the insurer and get rid of the policy
It is advisable to go for health insurance policies that do not have sub-limits. But if you opt for one make sure how it works so that that you don’t run into trouble at the time of claim settlement
One of the common obstacles is that these policies are not available online. In the absence of online policies, one has to visit the branch, which is difficult considering the ongoing pandemic
The Own Damage (OD) section of the motor insurance policy covers any damage caused to the insured vehicle due to a natural disaster/calamity
These government-backed life insurance schemes are available at rural post offices
In case the deceased husband had not made any contribution towards premium, there is no justification on the wife's part to seek her share, Justice S Vaidyanathan said
According to data put out in the 2021 annual report of the Reserve Bank of India, 98.1% of the total number of 252.6 crore accounts remain covered against the international benchmark of 80 per cent
IRDAI has asked life insurance companies to initiate immediate action to ensure that all reported claims are registered and eligible claims are settled promptly
Of the total claims settled during 2020-21, nearly five per cent were on account on coronavirus-related deaths