‘Health insurers do not load the premium…’: Insurance expert breaks down on clauses for smokers, alcohol drinkers

‘Health insurers do not load the premium…’: Insurance expert breaks down on clauses for smokers, alcohol drinkers

Smoking and consuming alcohol can have negative effects on one’s health and also while purchasing health insurance. Many individuals acquire health insurance with the expectation of never having to use it, but with the assurance that the policy will be there to assist in case of unforeseen circumstances.  Despite common belief, individuals who smoke and … Read more

‘CIS to help policyholders to know about policy in simpler terms’: Experts on key insurance rights

‘CIS to help policyholders to know about policy in simpler terms’: Experts on key insurance rights

The Insurance Regulatory and Development Authority of India (IRDAI) has issued a new circular that recommends insurance companies to furnish important details to policyholders to ensure their protection of interests. This initiative aims to improve transparency for policyholders and streamline their communication with insurers. As per the guidelines, the life and general insurance companies have … Read more