Health insurance claims: A survey conducted by LocalCircles found that over 50% of health insurance policyholders who submitted claims in the last three years experienced either rejection or partial approval. Of the policyholders surveyed who filed a claim within the same timeframe, six in 10 reported that it took between six and 48 hours for their … Read more
Insurance for electric vehicles: Electric vehicles or EVs are gradually gaining popularity in the Indian market. Official data shows that electric vehicles (EVs) accounted for more than 6 per cent of vehicle sales in India in 2023, with electric two-wheelers (E2Ws) constituting over half of the market. Around 5 years back, it was around 1 … Read more
Mumbai: The country’s leading private health insurers Max Bupa, HDFC Ergo, ICICI Lombard, Care Health Insurance, Star Health and Allied Insurance have all introduced a minimum “cooling-off” period ranging between two weeks to three months for patients recovering from the novel coronavirus.In most cases they have not made public these cooling off periods. Sales agents … Read more