News
Insurance Query | Matters Of The Heart
5+ hour, 18+ min ago (348+ words) Discover essential insurance insights for chronic heart conditions, focusing on optimal coverage and minimizing out-of-pocket costs. Q: My wife, Aaruhi (35), was recently diagnosed with a chronic heart condition As a family of three, we've always relied on my corporate insurance, but…...
Galaxy Health Insurance set to close first full fiscal year with around ₹150 crore premium
1+ day, 7+ hour ago (450+ words) Galaxy Health Insurance aims for "150 crore in premiums by FY26, targeting "350 crore for FY27 with strong customer engagement....
Beyond UPI, merchant payments and financial services power 42% of PhonePe revenue
2+ day, 13+ hour ago (311+ words) Digital payments giant PhonePe has reported strong revenue growth and sharply narrowing losses over the past three fiscal years, signalling a shift towards sustainable monetisation and operational efficiency, according to its draft red herring prospectus (DRHP). Revenue from operations rose…...
Pregnancy Medical Insurance & Maternity Insurance Policies Explained
5+ day, 7+ hour ago (421+ words) The Two Main Coverage Pathways Most health insurers provide maternity coverage through these options: Comprehensive family health insurance plans typically provide maternity coverage with a limit (usually between " 50,000 and " 3,00,000). These plans provide seamless coverage, but come at a higher premium....
Star Health Insurance sees 50% increase in new policy demand post GST cut on health insurance
5+ day, 8+ hour ago (391+ words) Chennai-based Star Health Insurance has seen a strong surge in demand post the removal of Goods and Service Tax (GST) for health insurance in September last year. The standalone health insurance provider has seen a 50 per cent growth in new…...
Opportunities, risks in porting health policy
6+ day, 17+ hour ago (614+ words) A few days ago in this column, we examined the risks some insureds encountered while attempting to port hospitalisation policies. After paying the premium, they found themselves either without cover for a period or saddled with terms materially different from…...
UPI preferred mode of transaction at 57%, surpassing cash at 38%: Survey
1+ week, 5+ day ago (697+ words) Unified Payments Interface (UPI) has emerged as the most preferred mode of transaction, accounting for 57 per cent, surpassing cash transactions at 38 per cent, primarily due to ease of use and instant fund transfer capability, according to a survey. The Department…...
A safety net in sickness and in health
1+ week, 5+ day ago (251+ words) Yet, the true promise of health insurance lies ahead. The future will belong to insurers who make their products simpler and seamlessly usable. India's health challenges are increasingly being shaped by chronic and lifestyle-related conditions that require continuous management. Non-communicable…...
The hidden risk in hospitalisation renewals
2+ week, 5+ day ago (440+ words) Start renewal/porting process in advance; follow up persistently with intermediary/insurer; do not allow existing policy to lapse until the new cover is formally issued...
Life insurance industry’s new awareness campaign reaches 35.5 crore people across all channels
3+ week, 1+ day ago (273+ words) The life insurance industry's new awareness campaign, aiming to address the challenge of low insurance penetration levels in India, has been able to reach around 35.5 crore people across all channels by December-end, 2025. The new "real and interesting' multimedia and multilingual…...