Better healthcare and affordability of the same is pivotal for a rapidly emerging economy like ours. In India, as per reports the medical trend rate which refers to per person cost increase due to medical inflation is likely to grow at a double rate of the inflation. Health insurance is the best tool for individuals … Read more
Distribution methods of Insurance products are rapidly changing. This is because of technology changes & consumer change along with it. The vast expansion of internet is causing a major shift in insurance purchase. Insurance distribution is not simply about pushing product but with it brings exotic methods of managing risk. During distribution relationships and trust … Read more
Many medical professionals are now getting in healthcare sector and making their way to high peaks. Health insurance is emerging as the most important segment in the insurance sector. Medical professionals play a vital role in various areas in health insurance companies like; verification of claim payments against health insurance coverage, medical underwriting of the … Read more
The Insurance Regulatory and Development Authority of India (IRDAI) has introduced significant amendments to the existing regulations governing health insurance, mentioned below are details; 1. Reduction in Pre-existing Disease (PED) Waiting Period IRDAI has reduced the maximum waiting period for covering pre-existing diseases in health insurance from 4 years to 3 years. Policyholders can now … Read more
IC 38 exam is an initial step to become IRDAI Agent/Insurance Advisor. Insurance Institute of India (III) on behalf of IRDAI (Insurance Regulatory and development Authority of India), conducts this pre recruitment qualification examination. This exam is conducted on online platform where the results are seen instantly on the monitor as soon as you submit … Read more
Though bikes & scooter are most popular mode of transport in developing county like India, the recent studies has shown that, almost 60% of Two-wheeler owners plying their vehicles on the Indian roads do not get their vehicles insured. It is often seen that customers have a reluctance to renew their Two wheeler insurance policy … Read more
The cost of medical treatments and related expenses are ever increasing. One should ensure that no member of the family is left uncovered facing health risks and the health insurance cover should at least be reviewed once in a period of three to five years especially if you are staying in Metro cities where the … Read more