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I suffered a cardiac arrest at work but my insurer won't hand over my £50,000 payout: SALLY SORTS IT
1 month, 1 week ago

I suffered a cardiac arrest at work but my insurer won't hand over my £50,000 payout: SALLY SORTS IT

Daily Mail  

I suffered a cardiac arrest at work in February. I went to claim on the LV= critical illness policy I’ve been paying for since 2011 but was told cardiac arrest was not covered and I would not get the £50,000 payout I expected. A spokesman for LV= says: ‘Upon receiving further medical evidence and writing directly to his cardiologist, we …

Work Heart Cardiac Arrest Told Tickets Claim Arrest
California’s home insurer of last resort sees enrollment surge, raising concerns over its finances
9 months, 1 week ago

California’s home insurer of last resort sees enrollment surge, raising concerns over its finances

LA Times  

With home insurers scaling back coverage in the state, enrollment is surging in California’s backstop insurance plan — as is the plan’s risk of sustaining losses that it can’t cover. Insurance Commissioner Ricardo Lara’s response to the crisis is a set of new rules still being implemented that would allow insurers to raise rates to cover reinsurance costs and projected …

Consumer California Coverage State Plan Fair Rates
Can I port my group insurance plan into an individual policy?
11 months ago

Can I port my group insurance plan into an individual policy?

Live Mint  

I am working with a multinational corporation, where I am covered under group health insurance, but will be leaving the firm in two months. —Name withheld on request Similar to the provision allowing portability between individual health insurance policies, there is also a provision for portability from group plans to individual plans. Under this provision, an employee covered by a …

Health Benefits Retail Period Plan Group Waiting
World Mental Health Day 2023: How to safeguard mental health with comprehensive health insurance?
1 year, 2 months ago

World Mental Health Day 2023: How to safeguard mental health with comprehensive health insurance?

Live Mint  

When one thinks of insurance, mental health doesn’t necessarily top the priority list. October 10th is observed as the World Mental Health Day and it’s a chance to reflect upon the importance of preserving one’s mental health. Insurance policies often provide coverage for mental health conditions, including anxiety disorders, acute depression, post-traumatic stress disorder, attention-deficit/hyperactivity condition, bipolar disorder, mood unrest, …

Health Mental Health Insurance Disorder Health Insurance Mental Coverage
How do I choose a health insurance policy?
2 years, 1 month ago

How do I choose a health insurance policy?

Live Mint  

My monthly income is ₹80,000. Since the chances of contracting any lifestyle diseases like diabetes, hypertension, high cholesterol, etc., are less at an early age, purchasing a policy for your family early on will be the wisest thing to do. Assuming you live in a metro with your spouse and two children and have no major medical history, then opt …

Policy Cover
LIC IPO to open on May 4, govt to sell 3.5% stake in state-owned insurer
2 years, 7 months ago

LIC IPO to open on May 4, govt to sell 3.5% stake in state-owned insurer

India Today  

The long-awaited Initial Public Offering of insurance behemoth Life Insurance Corporation has been cleared and an official announcement is likely in the coming days. According to sources, the IPO issue size for the company whose embedded value, a measure of the consolidated shareholders’ value in an insurance company, is pegged at about Rs 5.4-lakh crore will be Rs 21,000 crore. …

India Crore Lic Lic Ipo Trimmed Ipo
World Health Day: Health insurance in a nutshell – All you need to know!
2 years, 8 months ago

World Health Day: Health insurance in a nutshell – All you need to know!

Live Mint  

Health insurance is an agreement between the insured and the insurer, wherein the insurer promises to pay some or all of a policyholder’s medical expenses in exchange for a specific premium. A health insurance plan is essential for managing healthcare-related expenses besides being financially equipped during medical emergencies. Here are some things to consider when choosing the plan - Before …

India Policy Medical Issues Health Insurance Plan Insurer
Vehicle insurance: Which are the key add-on covers offered by insurers?
2 years, 10 months ago

Vehicle insurance: Which are the key add-on covers offered by insurers?

Live Mint  

It is a common knowledge that taking a vehicle insurance is mandatory. “Some of the widely popular add-on covers are zero depreciation cover, roadside assistance cover, return to invoice cover, and many more. Thus, customers should consider a vehicle insurance company on the basis of add-on covers offered by them,” says Naval Goel, Founder and CEO of PolicyX.com They are …

Insurance Car Vehicle Cover Vehicle Insurance
Insurer agrees to $800M settlement in Boy Scouts bankruptcy
3 years ago

Insurer agrees to $800M settlement in Boy Scouts bankruptcy

Associated Press  

— Attorneys in the Boy Scouts of America bankruptcy case have reached a tentative settlement under which one of the organization’s largest insurers would contribute $800 million into a fund for victims of child sexual abuse. The settlement comes as more than 82,000 sexual abuse claimants face a Dec. 28 deadline to vote on a previously announced Boy Scouts reorganization …

Abuse Local Victims Settlement Bankruptcy Fund Million
[Discontinuation Of Insurance Policy] Delhi HC Directs Insurer To Provide Similar Alternative Insurance Plan Having Similar Coverage & Same Premium [Read Order]
4 years, 2 months ago

[Discontinuation Of Insurance Policy] Delhi HC Directs Insurer To Provide Similar Alternative Insurance Plan Having Similar Coverage & Same Premium [Read Order]

Live Law  

The Delhi High Court recently directed an insurance company, that had suddenly discontinued an insurance plan, to provide a similar alternative plan to the Petitioner-claimant, having approximately the same coverage and the same premium. 1 consider offering to the petitioner an alternate medical insurance policy with approximately the same coverage and the same premium before the next date of hearing," …

Policy Insurance Company Premium Respondent Plan Renew