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LIC eyes less than 50% stake in standalone health insurance company

State-owned Life Insurance Corporation (LIC) is not keen on a composite license but it is looking to buy less than 50 per cent stake in a standalone health insurance company to enter the health......

Private insurers want standard rates for treatment

Cost of the diagnostic test for Covid-19 has been fixed at Rs 4,500 per test by the government. Hospitals, however, do not think this is feasible. IMAGE: Sand artist Sudarsan Pattnaik gives a......

How to enhance your medical insurance coverage

Rs 3 lakh to Rs 5 lakh may have been sufficient seven-eight years ago, but would be inadequate today, especially for people living in metros, points out Sanjay Kumar Singh. Photograph: Adnan......

How NOT to get your insurance claim rejected

While buying health policies, customers should reveal any pre-existing diseases. This is the only way to ensure that the insurer does not reject claims. Illustration: Uttam Ghosh/Rediff.com......

Buying health insurance? Honesty is the best policy

If you contract a disease a few years after buying health cover, disclosure isn't mandatory.But if you want to increase the sum assured, premiums could go up, experts tell Priyadarshini Maji.......

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