Now, the Insurance Regulatory and Development Authority of India (IRDAI) has suggested changing the existing format of the customer information sheet. The new format of customer information sheet will ensure that policyholders receive all of the basic information regarding the coverage. If finalised, it will further help policyholders understand the complex terms and procedures related to their health insurance policies better, say experts. Let s take a look at the key changes in the proposed customer information sheet of health insurance policies.
The additional premium that you have to pay as a smoker varies from one insurance company to another. The premium rates for smokers can be 50 per cent to 80 per cent higher than those of non-smokers, said experts. Let s understand how smoking impacts life insurance premiums, how much you pay for a cover and what you can do to reduce your premium burden
There are several benefits you will get for buying a health insurance policy in your 30s. You will get a comprehensive health insurance cover at an affordable price. How much health insurance coverage do you need in your 30s? What are the things to look at while buying health insurance cover? ET Wealth Online explains