IIHL awaits Irdai approval for Rs 9,650-crore Reliance Capital acquisition, ready to pay promptly. NCLT deadline nears with funding secured. Plans include Nippon collaboration, health insurance launch, and Afrinex listing aspiration.
Last month, while returning from a temple visit in my pre-owned 2018 Wagon R VXi 1.0 AGS, a young calf suddenly ran onto the road requiring me to brake hard and swerve, narrowly missing the animal.
If IRDAI considers increasing the surrender value, it will likely impact insurance companies s profitability as well as policyholder’s behaviour, analysts said.
A report by the Asian Development Bank (ADB) highlights India s low health insurance coverage for older people, emphasizing the need to expand universal health coverage. While countries like South Korea and Thailand have achieved universal coverage, India lags behind, with only 21% of older people covered. The report acknowledges the positive impact of schemes like Ayushman Bharat but calls for further expansion to improve the well-being of older individuals and enhance their productivity for the economy. It also stresses the importance of extending essential services to optimize older people s physical and functional capacity.
Health Insurance claim: Many people in India are facing difficulties in getting their health insurance claim processed. "43% health insurance policyholders who filed a claim in the last three years struggled with getting it processed," as per a report by LocalCircles.