A critical illness cover lapses once the payment is made by the insurer. Typically, the lump sum amount is paid to the policyholder post survival period of 30 days after contracting the illness.
Staying healthy and safe is the need of the hour. Perhaps the most crucial lesson that the outbreak of coronavirus has taught us is the need to take your health seriously at all times. Ano
AS is a basic health plan that offers a limited cover of Rs 1-5 lakh for one year, with the annual premium ranging from Rs 4,000 to Rs 7,500. It can be bought as an individual or a family floater plan.
When a single claim does not cross the threshold limit of your regular health insurance plan but multiple claims together do, a super-top health cov
Some financial planning experts believe that such a policy is a good entry-level product. Others believe that the insurance coverage of Rs 5 lakh is not sufficient for covering a family of four (two adults and two children).
The healthcare scheme is targeted at poor, deprived rural families and identified occupational category of urban workers' families. So, if we were to go by the Socio-Economic Caste Census (SECC) 2011 data, it will cover around 50 crore people.
Times may seem bleak, but this too shall pass, and when it does, we will need to get ready for life to return to normalcy. Part of this normalcy will be finances, and for life to move on, it's crucial to make sure savings have not been eaten away through avoidable medical expenses.
Due to the prevailing COVID 19 outbreak, the need for prolonged hospitalisation of almost 2 weeks pushes the claims costs. These factors are likely
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