Health insurers will also get 2 hours to decide on final discharge after payment of the bill to the hospital

Twelve modern treatment methods such as immunotherapy, oral chemotherapy and robotic surgeries will also be covered under new policies

The coronavirus pandemic has created the need for a 'Virus Insurance Pool' on the lines of terrorism and nuclear pools

Beijing exports China model of virus managementIn Serbia, one of Beijing's closest European allies, and a handful of other friendly countries, China is providing on-the-ground guidance to help battle the coronavirus. The outreach is part of a wider push by Beijing to assert global leadership in battling COVID-19 after facing criticism from Washington.  Beijing has also sent medical teams to Cambodia, Iran, Iraq, Laos, Pakistan, Venezuela and Italy.Coronavirus: What's holding ...

On Saturday, LIC announced an extension of 30 days for payment of premiums due in March and April.

Coronavirus update: LIC will accept policy premiums through net banking, debit card, credit card as well as through payment options such as Paytm, PhonePe, Google Pay, BHIM and UPI among others

LIC's policyholders can pay premiums through LIC's digital payment options without any service charge

Although government has pro-actively implemented a lockdown to check the spread of coronavirus, the timing is bound to hurt insurance companies

Academicians around the world and fraud control practitioners working in the insurance industry feel that India should consider Insurance Frauds Control Act on the lines of acts in different states of the USA as the beginning point for discussion

Coroanvirus update: In another decision, the insurance regulator has also given relief to Unit Linked Insurance Plan (ULIP) holders amid steep fall in stock markets

Coronavirus cases in India: The number of confirmed cases is at 3,577, out of which 3,219 are still active, whereas 274 have been cured and discharged, and 1 has migrated

LIC serves over 29 crore policies with an asset base of more than Rs 31 lakh crore and over 70 per cent of the market share

Reports suggest this is the first time in the country's history that a personal accident policy is being issued to cover an infectious disease. Before, non-life insurance companies could provide life insurance for accident-related deaths

Although the industry always records a strong growth in March, this year the growth is stronger compared to average 10 per cent growth logged in previous years

In case of life insurance policies, there is a grace period for payment of renewal premiums, it said, and added insurers have been asked to enhance the grace period by additional 30 days if desired by the policyholders

LIC has relaxed the premium payment deadline to help its policyholders who are unable to pay the insurance premium on time due to COVID-19 outbreak

The Life Insurance Corporation (LIC) said it is confident of crossing its target of 25 million individual policies well before March-end

If you are considering the same, you have another reason to act fast. The premium on term plan that has remained constant for the last five-six years is set to go north by up to 50 per cent

With instant life insurance cover through a digital policy as its core value proposition, such policies do not require medical tests or paperwork, Flipkart said in a statement

The woman of today not only plays the traditional role of fostering and nurturing the family but also multi-tasks by showing an equal responsibility as men, towards being a breadwinner for the family