Author: Nvin

Oriental Insurance Sampoorna Swasthya Suraksha Policy is a newly launched Health Insurance Policy designed to offer comprehensive coverage with a high level of flexibility. One of the key highlights of this policy is that it allows you to customise the coverage based on your needs. The policy is available in three variants – Premium, Elite, and Royal. Among these, the Royal Plan offers the most extensive coverage with the widest range of benefits. However, the Premium and Elite plans are also worth considering, especially if you are looking for a balanced option with reasonable coverage at a lower premium. To…

There is always a focus on what is covered in a health insurance policy. Insurance companies market the coverage extensively, highlighting benefits and features. But what is often overlooked is what is not covered – the exclusions. These exclusions in health insurance are just as significant as the coverage itself. Since they do not receive the same marketing attention at the time of purchase, policyholders usually face them only at the time of claim. After paying years of premium, when a claim is rejected due to an exclusion, the policyholder understandably feels cheated. Therefore, anyone purchasing health insurance must first…

Indian insurance landscape is evolving rapidly. To make the market more competitive and accessible, the Insurance Regulatory and Development Authority of India (IRDAI) recently updated the rules for foreign insurance companies looking to set up a “Liaison Office” in India. IRDAI issued amended guidelines on February 11, 2026, replacing the older 2022 framework. These rules define how an overseas insurer can establish a presence in India to act as a bridge between their global headquarters and the Indian market. These offices will act as communication hubs, not sales centers. They help global companies study our market before deciding to launch…

On February 12, 2026, the Insurance Regulatory and Development Authority of India (IRDAI) issued a new circular (IRDAI/F&I/CIR/INV/28/2/2026) clarifying how insurers can invest in Alternative Investment Funds (AIFs). It gives insurers more flexibility to grow their funds while keeping your money safely within Indian borders. What the IRDAI Circular Says Previously, insurance companies faced strict hurdles when investing in AIFs that had any international exposure. This was due to Section 27E of the Insurance Act, which prohibits investing policyholder funds outside India. The new circular introduces the concept of “Excusal Rights.” This allows an insurer to invest in a fund…

Energy Policy by HDFC ERGO is a health insurance special plan for individuals already living with chronic lifestyle conditions such as Type 1 Diabetes, Type 2 Diabetes Mellitus, Impaired Fasting Glucose (IFG), Impaired Glucose Tolerance (IGT), and Hypertension. Recognizing the long-term medical needs and potential complications associated with these conditions, the policy offers coverage of up to 50 lakh, ensuring strong financial protection against rising healthcare costs. Positive Highlights of the Policy AYUSH (Ayurveda, Yoga & Naturopathy, Unani, Siddha, and Homoeopathy) treatments are covered up to the full cover limit without any restrictions, unlike many other policies where prior approval…

Star Health Diabetic Safe insurance policy is for the people who are already diabetic or dibetic with complication and finding difficulty health Insurance policy. This policy comes with two plans Plan A and B. Plan A of policy covers the hospitlisation expenses due to due to complications of Diabetes related to following, without any waiting period – If you have any of these complications before buying this policy then you need to declare the same at the time of policy purchase, and if accepted by star health, then only that complication is covered. Plan B of this policy covers these…

There is growing concern among policyholders as well as prospective buyers regarding the “material change” clauses found in certain health insurance policies. The exact wording of this clause in SBI, ICICI Lombard, and Acko Health Insurance policies is shown in the image below. After several insurance distributors raised questions about this condition, ICICI Lombard issued a clarification. According to them, the clause is intended to reward health improvements and does not require fresh underwriting. They also claim that there is no need for policyholders to notify the company if they renew without changing the sum insured, members, or optional covers.…

IRDAI has released the Flash Figures – Gross Direct Premium Underwritten for and up to October 2025 for non-life insurers. The data shows the market share performance of the top General Insurance and Stand-Alone Health Insurance (SAHI) companies. S.No.Insurance CompaniesPercentage of Market Share1The New India Assurance Company Limited13.19%2ICICI Lombard General Insurance Company Limited8.69%3Bajaj General Insurance Limited6.92%4The Oriental Insurance Company Limited6.54%5United India Insurance Company Limited6.44%6Tata AIG General Insurance Company Limited6.00%7National Insurance Company Limited5.69%8HDFC Ergo General insurance Company Limited4.43%9SBI General Insurance Company Limited4.31%10Reliance General Insurance Company Limited4.10%11Go Digit General Insurance Limited3.03%12IFFCO Tokio General Insurance Company Limited2.67%13Cholamandalam MS General Insurance Company Limited2.27%14Universal Sompo…

If your health insurance policy has a hospital room rent limit, it most likely includes a Proportionate Deduction clause. Let’s understand what this clause means and how it impacts your insurance claims. What is the Proportionate Deduction Clause? In most hospitals, especially large corporate ones, charges such as nursing fees, doctor consultation charges, procedure or surgery fees, and package-based procedure costs are linked to the hospital room category.Simply put, the higher the room category, the higher these charges tend to be. In insurance terminology these costs are called “Associated Medical Expenses.” If you choose a Hospital Room category higher than…

Health insurance policies are no longer a one-size-fits-all product. “Ultimate Care” by Care Health Insurance Limited is one such example. It offers base features and a buffet of 49 optional covers. In this article I have discussed the policy in detail along with the optional covers you can choose to make your policy more comprehensive in terms of coverage. Key Strengths of the Policy 1. No Limit on Sum Insured You can choose any sum insured you want there’s no cap, starting from minimum 5 Lakh to unlimited coverage. Now a days insurance companies are coming up with this option…