News
Only 1 in 3 heart failure patients insured as costs top Rs 1 lakh a year: Study
4+ hour, 26+ min ago (475+ words) In India, surviving heart failure is not just a medical battle. For many families, it is also a financial one. A new study published in Global Heart by researchers from Sree Chitra Tirunal Institute of Medical Sciences and Technology in…...
IRDAI forms working groups to address gaps in health insurance ecosystem
1+ week, 42+ min ago (411+ words) India's insurance regulator has brought together insurers and healthcare providers to address persistent gaps in the health insurance system, setting up multiple working groups to improve coordination, transparency and patient experience. The Insurance Regulatory and Development Authority of India (IRDAI)…...
Why awareness is the only antidote to mis-selling in insurance
1+ mon, 2+ week ago (739+ words) India's insurance sector is witnessing a duality " a significant spike across the market and an underlying layer of challenges. While market growth can be attributed to rising medical service costs, GST cut-downs, and customised offerings, gaps in understanding insurance products,…...
Did insurance agent tell you to hide a pre-existing disease? It may cost you later
1+ mon, 6+ day ago (624+ words) Did your insurance agent tell you not to disclose a pre-existing medical condition while buying health insurance? Experts say that one decision could decide whether your claim is approved or rejected years later. After a recent viral dispute over a…...
Who settles insurance claims fastest in 2026? Check if your insurer is in top 10
1+ mon, 2+ week ago (923+ words) With hospital bills, daily expenses and the cost of living rising sharply, life insurance has become more important than ever for Indian families. Many people buy insurance to make sure their family is financially safe if something unexpected happens. But…...
Inside India’s insurance mis-selling problem and why it remains hard to fix
2+ mon, 2+ week ago (857+ words) Mis-selling continues to be one of the most persistent problems in India's insurance sector, surviving repeated regulatory tightening and growing scrutiny. Even as the regulator sharpens rules around disclosures, suitability and customer consent, complaints linked to unfair business practices rose…...
Trust, targets and commissions: How senior citizens are trapped by mis-sold insurance
2+ mon, 1+ week ago (1392+ words) For generations, senior citizens in India have trusted banks as safe custodians of their life savings. Fixed deposits, pension accounts, and small savings schemes are not just financial products for retirees. They represent security, stability, and dignity in old age....
Proposed insurance ombudsman rules: What policyholders should know
3+ mon, 2+ week ago (909+ words) After years of rising insurance complaints, delayed claim settlements, and growing anger over rejected payouts, the regulator has finally put a tighter grievance framework on the table. The Insurance Regulatory and Development Authority of India (IRDAI) recently released the Draft…...
Cancer patients in India face health insurance crisis, finds new study
3+ mon, 3+ week ago (941+ words) Cancer patients in India are facing a health insurance crisis, according to a new study by Plum Data Labs of one lakh cancer claims filed between 2023 and 2025. The data shows a country getting better at catching cancer early, yet struggling…...
From tax deadlines to LPG, pensions: 5 major financial changes starting December 1
3+ mon, 3+ week ago (421+ words) As November comes to a close, many people are rushing to finish their pending financial tasks. Several important deadlines fall on November 30, and from December 1 a new set of rules will start kicking in. These changes will affect pensions, tax…...