Experts say with the rise in claim ratio and the healthcare cost the premium rates may also increase for policyholders.
The extent of coverage varies from insurer to insurer and the features you opted for at the time of buying the policy
Here are some of the popular add-on covers to widen the scope of your home insurance policy.
Co-payment gives you an option to reduce your health insurance premium by agreeing to pay a certain percentage of hospital bills at the time of claim.
Here are a few points to consider before buying a health insurance policy.
It is important to note that critical illness plans provide an extra layer to your health cover. The first layer should be a basic insurance policy.
Before opting for critical illness plans, it is better to understand how these plans work and benefits being offered by them.
Here is a primer on how GST is calculated on the premium of your insurance policy.
Home insurance: Here is a list of information you need to provide to the insurer if you suffer damage to your home building or articles in it.
In case of a claim, the insurer is entitled to participate in the defence and at the negotiation stage of any settlement.