I have an employer’s health insurance policy offering maternity benefit of up to ₹50,000. So, the second insurer would want to review the total bill amount and the final settled amount of the first insurer before reimbursing up to a maximum of the residual amount. To simplify the process, it is recommended to process a cashless claim with the first …
In a significant order the Bombay High Court has held that a ‘newborn’ baby would include a ‘pre-mature baby’ and the insurer would be liable to pay for all expenses related to the infant’s care. However, the petitioner’s claim was rejected on the ground that “expenses incurred towards post-natal care, pre-term or pre-mature care or any expense incurred in connection …
When it comes to investment, ULIPs are frequently recommended. ULIPs come with significant upfront charges for setting up an account, higher premium rates than other types of insurance, and fund management fees. Furthermore, regulatory bodies set regulations on ULIPs which limit the fund investments offered by the insurers. This makes ULIPs a less flexible option when compared to other types …
ITV re-secured its place in the FTSE 100 amid a recovery in advertising spending, after dropping into the mid-caps last year as the pandemic took out the bottom of the market last year. It will take a spot being left by engineer Renishaw, which was the smallest member of the FTSE 100 at the close of trading on Tuesday. It …