Education counsellors say that overseas universities often advise students to purchase insurance policies with more comprehensive terms and a broader network of cashless hospitals and clinics in the host country. Meanwhile, Indian insurers believe that the reluctance to accept their policies is influenced by the universities partnerships with local insurers in their respective countries.
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A mid-market private equity firm co-founded by Siddharth Parekh, the younger son of former HDFC Ltd chairman Deepak Parekh, has invested in an insurance company that’s backed by another ..
War and war-like situations are exclusions – that is, expenses that insurance policies will not pay for – and in any case, only government-operated evacuation flights are likely to be permitted to carry out operations under such circumstances, say insurers