The FinTech Hub
Source: Live Mint In a recent Ombudsman ruling concerning litigation with an insurer, my claim was limited to 25% based on the policy’s terms and conditions for Bevacizumab used in my cancer treatment under ‘coverage for modern treatment or procedures.’ I am seeking clarification on how the term ‘modern’ is defined in this context? Is…
Source: Live Mint Health insurance is essential for financial security in times of medical emergencies. However, rising premium costs can be a burden. Fortunately, there are smart ways to lower your health insurance premium without compromising on coverage. By making informed choices, you can ensure affordability while still getting the protection you need. Here are…
Source: Live Mint Union Finance Minister Nirmala Sitharaman has asked the insurance companies to increase the free look period to one year, compared to its current level of one month, according to a CNBC-TV18 report on Monday, February 17. According to the report, Nirmala Sitharaman also said that the committee has finished the internal consultation…
Source: Live Mint Focused on managing a home loan and investing in over ten mutual fund schemes, Singh delayed signing up, opting instead for a higher in-hand salary. His decision, influenced by hopes of the old pension scheme (OPS) returning in some form, highlights the financial dilemmas faced by young government employees navigating between immediate…
Source: Live Mint New Year 2025 is less than a week away, making it the perfect time for people to revisit their health and financial priorities. One of these is having a proper health insurance plan. However, navigating health insurance can feel like solving a puzzle. Terms like deductibles, co-pays, exclusions, riders, and others can…
Source: Live Mint The company suffered a severe hacking episode last month in which a hacker using the alias “xenZen” created a website and Telegram chatbots to leak its policyholders’ sensitive personal data from names, phone numbers, email IDs, addresses to financial and health information. The hacker said Star Health’s chief information security officer Amarjeet…
Source: Business Standard 3 min read Last Updated : Oct 07 2024 | 10:15 PM IST Magma HDI General Insurance recently announced the launch of OneProtect, a personal accident (PA) cover with over 20 customisable add-ons that customers can purchase according to their needs. The timing of the launch is apt, given that the…
Source: Live Mint Why are health insurance policies sold by banks, or the likes of Paytm and PhonePe, much cheaper? How do these plans work? Are there any potential drawbacks one should be aware of? —Name withheld on request Health insurance plans offered by banks or mobile apps are often cheaper because they are typically…
Source: Live Mint Tata AIG General Insurance has withdrawn its ‘Medicare Protect Plan’ with effect from September 5. The move will not impact customers who have to renew their policies within 90 days from the date of the withdrawal of the product. Tata joins SBI and HDFC Ergo, which announced withdrawal of its health insurance…
