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Financial freedom at 32, but at what cost? The ₹4.5 crore health warning
1+ hour, 30+ min ago (333+ words) A ₹4.5 crore investment corpus at 32 would usually be counted as a financial success story. But the entire achievement can feel incomplete if it comes at the cost of poor health. Recently, in a LinkedIn post, investment adviser Abhishek Kumar shared…...
Health insurance claim rejected over hospitalisation? Court rules in policyholder's favour
1+ day, 11+ hour ago (299+ words) Oriental Insurance rejected the reimbursement claim on the ground that the policyholder's vital parameters and investigation reports were normal and that her admission was only for observation and diagnostic evaluation. It relied on a policy clause excluding expenses where hospitalisation…...
Can an insurer reject your claim over a tax issue? Consumer panel answers
2+ day, 8+ hour ago (368+ words) According to reports by Outlook Money, which cited local publications Amar Ujala and Sangri Today, the commission ruled against New India Assurance after the insurer rejected a claim citing a tax-related discrepancy that was unrelated to the insured event. Insurance…...
HDFC Life CEO Padalkar says protection is being left behind as India chases wealth
3+ day, 14+ hour ago (949+ words) In April, HDFC Life reappointed Vibha Padalkar as managing director and chief executive officer for five years starting September. She got the top job in 2018, after spending 10 years in the life insurer. The company reported a net profit of ₹611 crore…...
Newly married couples: 8 health insurance mistakes to avoid
4+ day, 5+ hour ago (488+ words) Marriage brings new responsibilities, shared goals and important financial decisions. While newlyweds often prioritise buying a home, planning a holiday or building an emergency fund, health insurance is frequently overlooked. Ignoring health insurance, however, can prove costly. A medical emergency…...
Can cooperative insurance become India’s next financial inclusion story?
4+ day, 6+ hour ago (469+ words) For over a decade, India has focused on expanding access. Jan Dhan brought millions into the formal banking system. Aadhaar enabled identity at scale. Digital public infrastructure transformed payments and service delivery. Together, they created one of the world's most…...
Health insurance: 63% policyholders unable to switch from their plan — Here's why and key things to keep in mind
6+ day, 11+ hour ago (503+ words) Expanding insurance reach in the country is no longer the only concern that the sector faces, according to an analysis by CoverSure of policyholders in India. It found that a quieter problem has risen, coverage that exists but no longer…...
Hospitalized? 10 essential steps for hassle-free health insurance claim settlement
1+ week, 1+ day ago (300+ words) A medical emergency can occur at any time. It can easily complicate finances, add stress and affect the day-to-day lives. It can also lead a person to take high-interest-rate personal loans or other forms of borrowing. A medical emergency can…...
Early exit: why Indians are surrendering life insurance policies before maturity
1+ week, 2+ day ago (1083+ words) When Ayaz Parkar's father passed away, the family made a startling discovery. The Qatar-based professional found that his late father had bought 10 life insurance policies: eight with his daughter as the life insured and two covering his grandchildren. "We discovered…...
Monsoon is here: Why you're paying out of pocket for sudden illnesses despite having health insurance
1+ week, 3+ day ago (368+ words) Many people assume that having health insurance means they won't have to worry about medical expenses during the monsoon. However, seasonal illnesses such as viral fever, dengue, malaria, and typhoid often lead to significant out-of-pocket spending long before a patient…...