health insurance – Dnyan pravah news

FM directs public sector general insurers to develop products tailored to new and emerging risks, including cyber fraud

adminMay 28, 202507 mins

[ad_1] Finance and corporate affairs minister Nirmala Sitharaman has directed public-sector general insurance companies (PSGICs) to develop innovative insurance products tailored to new and emerging risks, including cyber fraud, and to diversify their product portfolio in line with evolving consumer needs in a bid to strengthen operations and generate profits. Three PSGICs–Oriental Insurance, United India…

LIC to decide on health insurer stake purchase in 2-3 months

adminMay 27, 202507 mins

[ad_1] “The discussion is almost at a final stage. We will go to our board, and the board will take a call very soon. I think within 2-3 months, some decision will be taken by the board,” managing director and chief executive officer Siddhartha Mohanty said in the insurer’s earnings call for the fourth quarter…

Why that deluxe hospital room could cut your insurance cover by 50%

adminMay 22, 2025010 mins

[ad_1] Most policyholders—and even some professionals—overlook this critical fine print, assuming it’s a minor cost difference. But that assumption can cost you lakhs. Mint breaks down how this clause works, why it’s so dangerous, and how you can avoid financial shock. Also read: In charts | The health insurance puzzle: 83% Indians aware but only…

Why are health insurers sending private detectives to claimants’ homes?

adminApril 28, 2025014 mins

[ad_1] For him, using medical insurance for his mother’s treatment resulted in private investigators knocking at his door. In March, Kumawtt’s mother underwent an Ayurvedic treatment at a hospital in Bengaluru, Karnataka. Neither was it her first treatment at this hospital, nor her first claim, as two years ago her insurer had settled a similar…

Delhi reached out to private hospitals to join Centre’s PMJAY health insurance scheme

adminApril 23, 202506 mins

[ad_1] New Delhi: The Delhi government is gearing up to implement the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PMJAY) and is onboarding large corporate hospitals to help reach the Centre’s free health insurance scheme to more than 654,000 families. However, big corporate hospitals have raised concerns over delayed payments and low package rates….

Indian diagnostics industry set for 14% growth; organised players to lead: PhillipCapital

adminApril 19, 202504 mins

[ad_1] New Delhi [India], April 19 (ANI): India’s diagnostics industry is expected to grow at a strong pace of 14 per cent compounded annual growth rate (CAGR) over the next five years, according to a recent report by PhillipCapital. The report forecasts this growth driven by several key factors such as increased healthcare spending, an…

75% of health insurance buyers in India have less than ₹10 lakh coverage; awareness gap a worry, report finds

adminApril 17, 202505 mins

[ad_1] Lack of awareness is still the biggest stumbling block in insurance adoption in India, and around 47.6 per cent of Indians remain unaware of term insurance and its benefits, a new report has shown. Term insurance has grown by 18 per cent in FY24 across the industry as compared to a CAGR of just…

Rahul Matthan: Data-rich insurance models could fail beyond a point

adminMarch 4, 202509 mins

[ad_1] The modern insurance industry dates back to a time when merchants gathered in coffee houses (such as Lloyd’s) to collectively insure their vessels against sea-faring risks. Since then, it has expanded into other forms—health, property and life insurance—while remaining true to the fundamental economic principle of risk pooling. Also Read: Getting insured is one…

How much home insurance do I need for my home loan?

adminFebruary 27, 202505 mins

[ad_1] I recently applied for a home loan, and the bank is urging me to buy home insurance. My property in Gurgaon, measuring about 1,500 sq ft, is valued at ₹3 crore, and my loan amount is ₹2 crore. However, the bank has sent me a quote with a sum assured of only ₹2 crore….

From PPF to FDs: Last-minute income tax saving options you can explore

adminFebruary 18, 202504 mins

[ad_1] The deadline for availing of tax-saving benefits is March 31st. Complete your investments and payments before this date to maximise your savings. Employers encourage tax planning every year, yet many find it stressful due to a lack of understanding. With the end of the financial year (FY2024-25)approaching, those in the old tax regime must…