Some products offer terrorism cover as part of the base offering, while in others it is an optional cover.
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 insurance segment such that they have a say in the management of the company, without having to run the company, sources in the know said. "LIC doesn't need a composite licence. "Even if it is introduced, they will not opt for it.
Sanjib Jha, CEO, Coverfox Insurance Broking, answers your health insurance related queries.
It takes only 30 minutes a day and is internationally acclaimed and scientifically proven.
Health insurers incorporate conditions like Waiting Period in their offerings to prevent customers from taking undue advantage of a service that is essential.
Aslam Hunani presents some of the frequently asked questions about health insurance in India.
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