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Insurance company will reimburse the hopitalisation cost in a non-network hospital subject to all documents being in order and only up to 70%
Life insurance claims are increasingly being accepted online by insurers. This includes diigtal mediums like emails and WhatsApp.
The move is expected to encourage more private hospitals to empanelled hospitals to provide better healthcare services
Policyholders can buy health insurance even with these existing conditions that are considered high risk by insurers.
Depending on the funds chosen by investors, a portion of ULIP premium is invested in various equity funds, debt funds or a mix of both.
Mashak Rakshak policy, which was introduced by Irda, is a standard health insurance policy designed for vector-borne diseases.
Reliance General Insurance has launched an OPD product called Digital Care Management policy that is designed to cover regular outpatient expenses.
The premium for senior citizen's health insurance policies will always higher than those for younger people.
As per the Motor Vehicles Act, it is mandatory for every vehicle owner to buy a motor insurance policy in India.
The company is targeting gross premium income of Rs 10,000 crore in five years