Trending Articles

Jan 09 2023

Senior Citizen Health Insurance: 5 Things to Consider Before Deciding

Between April 2020 and December 2020, the share of medical insurance plans purchased by senior citizens between the age of 60 and 80 in India was 15% of the total population. However, the share for comparatively younger people (18-40 years of age) was 45%, thrice the figure for the elderly. Even today, several senior citizens suffer from various critical conditions but are not insured to cover the cost of their treatment. As per a recent...

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Jan 06 2023

Importance of Health Insurance for Your Ageing Parents

Nearly 2 out of every 3 elderly citizens in India have some chronic health condition. This was reported by the first Longitudinal Ageing Study in India (LASI) on January 6, 2020. The report found that almost 23% of senior citizens (age 60 and above) suffer from multi-morbidities and elderly women have higher chances of having these conditions. Despite so, just 15% of senior citizens (age 60-80 years) in the country were covered by health plans...

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Jan 06 2023

Introducing ManipalCigna Prime Senior

Health Insurance is not a want; it’s a need. You might not feel like having one right now due to many reasons, but one hefty bill is enough to prove that wrong. Medical expenses often come uninvited and when they do, they take away a huge chunk of your family savings. That is why a complete comprehensive plan is a must. A Health Insurance plan not just protects you in your present but also safeguards your future. Because as you get old, your...

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Jul 02 2021

Understanding Various Benefits in Health Insurance

Introduction At some point in life, most people would need medical care. Even if you are in fine health right now, health insurance can come to your rescue when you most need it. Unforeseen medical emergencies such as injuries, diagnosis of an illness, accidents — don't come with warnings. Hence, having health insurance not only preserves your health but also secures your financial position. Mr. Amit Chhabra gives you an insider look into...

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Apr 14 2022

Why should you get health insurance when young?

  Why is it important to have health insurance? It is important to have health insurance to protect your savings and investments against unforeseen medical expenses. Medical expenses in India have been rising year-on-year, which far exceeds the amount of regular salary increments or general inflation. Having a comprehensive health insurance plan and maintaining a healthy lifestyle are ways in which we can counter this problem. What...

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Mar 16 2020

Health Insurance Renewal – Here Is Everything You Need to Know

Health insurance renewal is an essential process. You’d surely like to continue enjoying the benefits such as coverage against regular medical expenses and critical illness treatments, cashless claims benefit, tax benefits, and much more. Furthermore, health insurance renewal provides continuity of your family’s financial safety net in case of any medical emergency. The Health Insurance renewal dos and don’ts Here’s everything you need to...

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Aug 19 2022

The New Age Health Insurance Plan You Should Consider

In the last few years and in the aftermath of a global pandemic, health insurance plans are fast evolving in terms of structures and features to accommodate the customer’s needs and requirements. More and more people are leading a healthy lifestyle and backing it up with necessary wellness programs.  While that helps unnecessary hospital escalations but it does not totally reduce the risk of hospitalization. People realize the critical...

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Jul 27 2020

 All You Need to Know About Cashless Mediclaim

Medical costs are on a continuous rise where medical emergencies can present financial difficulty to many of us. Getting the desired treatment at high-end hospitals may become difficult due to high costs. This is where a reliable and rewarding health insurance policy comes to aid. Having a cashless mediclaim policy for a family is probably the best financial safety net. However, before purchasing a cashless mediclaim policy for...

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Mar 16 2020

Health Insurance Claims Process—Explained

Health insurance policies are primarily about securing financial coverage towards medical aid for yourself and your family. It is a smart and prudent way to prepare for unforeseen medical events. Health insurance not only protects your finances but more importantly, gives you access to quality healthcare when you need it the most. However, despite a range of benefits offered, people find the health insurance claim-process tiresome, giving the...

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Jan 23 2023

Tax Benefits of Health Insurance Under Section 80D

Importance of Health Insurance Life as we know it, is highly uncertain whereas death and taxes are certain. Post-COVID, we have begun to value health and, more importantly, realize it is very important to have health insurance coverage and quick access to quality healthcare. For any medical emergency, health insurance is a must since it offers the financial backup you need during such emergencies. Hospitalization and surgeries can burn deep...

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Nov 14 2022

Get the Right Health Insurance this World Diabetes Day

Introduction - Awareness of Diabetes As the world's diabetes capital, India has around 77 million people who are affected with this chronic diseases and the numbers are only expected to touch an exponential figure by 2025. Every sixth person with diabetes in the world is an Indian, according to the Indian Council of Medical Research. Per the WHO, diabetes as a condition "occurs when the pancreas does not produce enough insulin or the body...

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Mar 17 2020

Steps to Make Cashless Claims towards Health Insurance

Unforeseen medical events are uncertain, and you never know when you’ll meet any of them. The prudent way of facing such circumstances is to get a suitable health insurance policy that helps you obtain financial coverage towards medical aid. A mediclaim backup gives you financial assurance. If you ignore it, you may suffer from a severe financial crunch. However, if the health insurance claim process is tiresome, the insured members lose...

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Aug 11 2020

The Covid-19 Coronavirus and Your Current Health Insurance

We may be halfway through the 21-days lockdown period, but the fight against coronavirus is far from being over. The number of positive cases in India are rising every day, and it is becoming more and more important for people to understand the gravity of the situation. Take good care of yourself and your loved ones because nobody is truly immune to the disease. First of all, do not fret if you have medical insurance given that it also works...

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May 20 2021

Health Insurance is a Financial Vaccination in these Unprecedented Times

Health Insurance is no longer an option but is an essential financial vaccination in the current times due to soaring healthcare expenses and increasing rate of lifestyle diseases. The Covid-19 pandemic has further put the spotlight on the importance of health insurance, because medical emergencies can arise anytime, anywhere, and the ongoing pandemic has encapsulated this overwhelmingly. Therefore, today, people are not asking the...

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Dec 15 2020

This Added Health Insurance Benefit Will Blow Your Mind!

Do you know the story about Varun? Smart, young man who was set to be married very soon. He had been saving up for his wedding for 2-3 years and had allocated budgets for big and small expenses. Two days before his wedding day, Varun’s father suffered a heart attack and was admitted to the hospital. All the money that Varun had saved for his wedding were now redirected towards the sudden medical expenses since he never thought of investing in...

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Aug 19 2022

How much health insurance cover is good for a growing family of 4?

The cost of coverage can be a significant barrier to health care for many people. With health insurance premiums increasing dramatically year after year, it can be difficult for people to know how much health insurance cover is suitable for a family of four. Fortunately, there are several different health insurance policies, so no two families need to buy the same plan. Health insurance premiums vary based on several different factors. The...

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May 07 2020

What Is Premium in Health Insurance?

Health conditions are uncertain, and you never know when you will face medical emergencies. The cost of medical treatments is rising gradually. Here, to secure your financial base, health insurance policies provide you with a safety net during the period. But to avail of these services, you need to pay a certain amount of money every month to the insurer. This monthly fee that you pay to the insurer to be supplied with coverage when a medical...

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Jul 27 2020

Best Individual Health Insurance Policy for People in Their 20’s

Youth is the time when people experiment and explore new facets of life. It is time to travel and venture into varied career options. In the midst of all this,  very few consider the importance of health insurance. However, young age is the most suitable time for you to get an individual health insurance policy. Health issues often take a back seat as you earn financial freedom with your jobs. When you buy a health insurance policy, you...

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Dec 29 2020

Health Insurance For Senior Citizen

The segment of the population that is most susceptible to illnesses and their ensuing costs is that of senior citizens. As retired individuals, facing failing health and financial constraints, health insurance is probably the need of the hour. Obtaining medical insurance for senior citizens was almost impossible in the past insurance companies permitted renewal only if you have been a policyholder with them without a break. However, the...

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Jan 03 2021

Understanding Health Insurance Eligibility

The urban lifestyle is majorly characterized by irregular sleeping patterns and unwise eating habits. Such a sedentary mode of living has made us prone to frequent illnesses. The purchase of well-rounded medical insurance can cover us against repetitive visits to the hospital. An individual health insurance policy is a necessity owing to the surge in healthcare costs. With the option to pay a health insurance premium in installments, one can...

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