The 3 New Rules Change Reduced Waiting Period for Existing Diseases Moratorium in Health Insurance

Insurance companies have certain conditions in place when providing health insurance. They provide information on the waiting period, specifically for pre-existing diseases and diseases falling under a special category. However, the Insurance Regulatory and Development Authority of India (IRDAI) has recently made three key changes in the claim rules related to these aspects. These changes have been implemented to provide more benefits to health insurance takers. Let’s find out the details.

IRDAI Says E-Insurance Mandatory for All New Policies From April 1, 2024

The Insurance Regulatory and Development Authority of India (IRDAI) has announced that digitising insurance policies will be mandatory starting April 1st in the new financial year. This means that all insurance companies, including life, health, and general insurance, will have to offer e-insurance policies. The e-insurance policies will be saved electronically in an e-insurance Account … Read more

LIC Index Plus Policy Offered Dabule Benefits with 10 times Insurance Coverage?

The Life Insurance Corporation of India (LIC) recently launched a new policy that combines insurance coverage with investment opportunities. The policy, named LIC Index Plus Policy, offers double benefits and is available to anyone under 60. By taking this policy, you can receive up to 10 times insurance coverage and the possibility of wealth growth. … Read more