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Lapses in Insurance Coverage for Mental Health – Who is Responsible?

Almost 10.6% of India’s population lives with a mental illness, shows data from the National Mental Health Survey (NMHS) in 2016.

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ETtech Exclusive: Acko in talks to raise $200 million, may become India s next unicorn

ETtech Exclusive: Acko in talks to raise $200 million, may become India’s next unicorn SECTIONS Share Synopsis Heightened interest among risk investors in the overall fintech sector, due to greater digital adoption triggered by the Covid-19 pandemic, is likely to help boost Acko’s valuation. ETtech Varun Dua, co-founder and chief executive, Acko. (Illustration: Rahul Awasthi/ETtech) Mumbai:Acko is in talks to raise $200 million in a new round of funding that could value the online general insurance startup at $1 billion, according to people aware of the negotiations. A successful deal will propel the startup into a fast-expanding set of newly minted Indian unicorns this year.

Varun duaPrem watsaWarburg pincusRuchi deepakRahul awasthi ettechLemonade incGeneral atlanticMultiples alternate asset managementMunich re venturesElevation capitalAmazon indiaSachin bansalNavi general insuranceFaering capitalவருண் துவாபிரேம் வாட்சா

Navi General Insurance launches health insurance through EMI option

Navi General Insurance launches health insurance through EMI option
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Ramchandra panditNavi healthNavi general insuranceClaim settlement ratioராம்சந்திரா பண்டிட்நவி ஆரோக்கியம்நவி ஜநரல் காப்பீடுஉரிமைகோரல் தீர்வு ரேஶியோ

Navi General gives customers option to buy health insurance through EMIs

Navi General Insurance has introduced an option for customers to purchase health insurance on equated monthly installments (EMI), instead of paying an annual premium upfront. The company said that its option to pay monthly EMIs for health insurance will make it more affordable and simpler to purchase. Customers can purchase health insurance at monthly installments of as low as Rs 240 per month, the company said in a statement. “With ever-rising medical and healthcare costs, Navi’s subscription-based option for buying health insurance will help to make this important insurance cover more affordable and more accessible to many more customers”, said Ramchandra Pandit, MD & CEO, Navi General Insurance.

Ramchandra panditNavi healthNavi general insuranceNavi generalHealth insuranceInsurance plansராம்சந்திரா பண்டிட்நவி ஆரோக்கியம்நவி ஜநரல் காப்பீடுநவி ஜநரல்

Latest health insurance claim settlement ratio of companies in 2021

This ratio gives you an idea as to how reliable the health insurance company can be in case you need to make a claim.

Kotak mahindraRakesh goyalManipal cignaBajaj allianzMax bupaErstwhile apollo munich health insurance ltdReligare healthDevelopment authority of india irdaiReliance health insurance ltdErgo erstwhile apollo munich health insuranceAergo healthStandalone health insurersStandalone healthAditya birla healthStar healthInsurance co