Health Insurance: New India Forcing Migration Is Illegal
Recently, New India Assurance (NIA) had hiked the premium by almost 100% for senior citizens by discontinuation of its product “Mediclaim 2012 Policy” and making compulsory migration to a new product “New India Mediclaim Policy”. An elderly couple’s premium increased from Rs32,000 last year to a whopping Rs63,000 on renewal. The forced migration needs a fresh proposal to be submitted even...
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  • Health Insurance: Group Health Insurance Peril: “No Policy Underwritten”
    Group health insurance can be offered by corporates or non-corporate groups. Non-corporate group insurance is being offered by several organisations/groups (religious, cultural, professional, social, etc). Buying group health insurance can have several benefits compared to retail mediclaim such as lower premium, coverage of PED (pre-existing diseases) from the first day, higher benefits and...
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  • Insurance: Fine Print
    HDFC ERGO Overnight Vehicle Repair Service
    HDFC ERGO is offering a new service that will enable customers to get their cars professionally repaired overnight, thereby not affecting their daily routine and vehicle downtime. The new service will enable customers to get their automotive glass repaired or replaced after regular commuting hours without affecting their routine. Currently, the...
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