What happens to the corporate health insurance top-up premium in the event of a layoff?

What happens to the corporate health insurance top-up premium in the event of a layoff?

What happens to the corporate health insurance top-up premium in the event of a layoff? For instance, in my case, my company had a Rs 5 lakh corporate health insurance policy with the option to pay a top-up to increase coverage for the period of January to December. Over the past two months, I paid … Read more

LIC shares surge over 2% on discussions to acquire 50% stake in ManipalCigna Health

LIC shares surge over 2% on discussions to acquire 50% stake in ManipalCigna Health

Shares of the state-owned insurer Life Insurance Corporation of India (LIC) jumped 2.4% to Rs 938.45 on the BSE as the company eyes an acquisition of as much as 50% stake in ManipalCigna Health Insurance, seeking an entry into the market for medical expenses coverage. ManipalCigna is a joint venture between Manipal Education & Medical … Read more