CNBC

No age restriction for health insurance now — what this means for premiums and waiting periods

In a landmark move, IRDAI has removed the age limit of 65 years for individuals buying health insurance policies. This marks a departure from the conventional constraints that limited individuals in securing comprehensive coverage. CNBC TV18 spoke to several experts for their take on the policy shift and its implications.

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Now you can avail cashless health insurance at any hospital: Here's how

Under the 'Cashless Everywhere' system, policyholders will have the liberty to select any hospital for their treatment, breaking away from the limitations imposed by agreements or tie-ups between insurance companies and healthcare providers.

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Soon, there will be no maximum age to buy health insurance policy

IRDAI has urged insurers to introduce tailored policies aimed at specific demographics, such as senior citizens and millennials, acknowledging the diverse needs within these segments.

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24-hour hospitalisation not required for claiming insurance in these scenarios

Even treatments that require less than 24-hour can qualify as day-care treatments and are thus eligible for health insurance coverage. Read to know what's included and what's not.

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Dengue, malaria cases rise amid Delhi floods — here's why health insurance is a must-have

Over 160 dengue cases have been reported in the national capital till mid-July this year, the highest for this period since 2018, according to a municipal report released on Monday, July 17. The report, issued by the Municipal Corporation of Delhi (MCD), also said 54 cases of malaria have been recorded in the same period.

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4 reasons why you should review your insurance portfolio periodically

Insurance plans are beneficial to anyone looking to protect their family, assets/property and themselves from financial risk and losses. Rising inflation, increasing medical costs, increase in lifestyle diseases, uncertainty in climatic conditions are good enough reasons for people to protect themselves with a strong financial cushion.

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How much health insurance should you buy and when — an age-wise breakup

Considering the uncertain times we live in, health insurance comes in handy — irrespective of your age. Often, people make the mistake of underestimating the importance of getting insured in their early years, thinking that it brings value only in the later stages of life. However, no matter what the age group, unforeseen circumstances may strike at any point.

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Now, revive your lapsed LIC policy with late fee concession till March 24 — Here's how

Life Insurance Corporation of India (LIC) has launched a campaign to revive old insurance policies that were closed before maturity. Under this, LIC policyholders who shut their policies for any reason can start them again. The campaign will run till March 24, 2023. The insurance behemoth is also offering concessions in late fees during this tenure.

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Explained: Tax benefits that can be claimed on your home loan

While easy access to loans help individuals realize their dream, buying a home is also encouraged by way of tax benefits. Understanding these benefits can be useful in our tax planning and must be included as one of the important factors to consider.

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