The government of India has launched a new app known as Mera Bin Mera Adhikaar, an app which can be used on both Android as well as iOS-based devices. This scheme is to get towards creating awareness about the importance of receiving invoices for B to C transactions Fostering a more transparent economy. Under this […]
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The Ayushman Bharat Digital Mission (ABDM) aims to develop the backbone necessary to support the integrated digital health infrastructure of the country. It will bridge the existing gap amongst different stakeholders of Healthcare ecosystem through digital highways. The ABDM Ecosystem Ayushman Bharat Health Account (ABHA) under Ayushman Bharat Digital Mission is an innovative initiative by the
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What does a health insurance plan cover. A plan cover includes all the ailments and conditions that the policy offers to pay for. While some plans offer cover only for accidental injuries, surgeries. There are other plans that offer cover for critical illness, ambulance charges, prescription medicine charges and other medical expenses. It is important
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Bima Sugam will be a one-stop platform for all insurance needs such as Life, and General insurance such as Motor, Travel, health,etc. categories. Insurance companies can onboard the platform. It\’s going to be plug and play with API (Application Programming Interface) In line with creating ease of doing business and making available Life and Health
We all are exposed to the risks of accidents in our day to day lives. Despite all possible precautions accidents do occur which may result into disablement or loss of body parts or sometimes even death. This policy provides compensation in the event of insured sustaining injuries, solely and directly from an accident caused by
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Critical illness sometimes called catastrophic illness. Critical illness insurance provides a benefit if you experience one or more of the following medical emergencies: Heart attack Stroke Organ transplants Cancer Coronary bypass Because these illnesses require extensive medical care and treatment, their costs can outstrip a family’s medical insurance policy quickly. If you don’t have an emergency
What is Waiting Period in Insurance? As the name suggests, waiting period is the time span during which you cannot claim some or all benefits of the health insurance from your insurance provider i.e., you must wait for a specified amount of time before you make a claim. For example: One of the most common types
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What is Pre-existing Disease in Health Insurance? As per Insurance Regulatory and Development Authority of India ( IRDAI), a Pre-existing Disease is any condition, injury, ailment, or disease, which is / are diagnosed by a doctor within 48 months (2 years) before the effective date of the insurance policy issued by the health insurance provider.
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Married Women Property Act, 1874 The Married Woman Property Act (MWP) can protect the life insurance death claim benefit from creditors and ensure that your wife and children are secured. Lack of awareness and loss of control prevents insured from going for this option. Find out how you can benefit from it. Ramesh was running
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Top-up Plan & Super Top-up Plan in Health Insurance The value of health is vital for every human on Earth. ‘Health is wealth’ is a world-famous proverb concerning health. Health is the biggest Wealth in Life. There is strong perspective that, unless a person is Healthy, it’s difficult for him/ her to enjoy. Money doesn’t
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