Is War Risk Covered by Life Insurance? What Every Indian Policyholder Must Know War risk in life insurance has become a crucial concern in light of recent global conflicts. As geopolitical tensions flare, Indian families with members working or living abroad must revisit their life insurance policies—especially the fine print. A recent tragedy involving an Indian engineer in Tel Aviv has spotlighted this often-ignored exclusion. Despite having a valid life insurance policy, the family’s claim […]

Why AYUSH Health Insurance Claims Get Rejected Despite IRDAI Rules In January 2024, the Insurance Regulatory and Development Authority of India (IRDAI) took a landmark step by mandating parity for AYUSH claims (Ayurveda, Yoga, Naturopathy, Unani, Siddha, and Homeopathy) with allopathic treatments in health insurance policies. But months later, patients continue to face a harsh reality: AYUSH health insurance claims are still frequently denied, even when treatment is medically necessary and provided at accredited hospitals. […]

Why Health Insurance During and After Pregnancy Is Essential for Indian Families Introduction: The Silent Financial Strain of Pregnancy In today’s world of skyrocketing medical costs, health insurance is no longer just a safety net—it’s a necessity. For women, especially expectant and new mothers, the financial strain of pregnancy and childbirth can be significant. From prenatal tests and hospitalisation to postnatal recovery and newborn care, expenses can quickly spiral out of control. This is where […]

Can You Hold Multiple Life Insurance Policies in India? Here’s What IRDAI and Experts Say ✅ Introduction Yes, you can legally hold multiple life insurance policies in India. In fact, many individuals choose to diversify their coverage through a combination of term, whole life, and endowment plans to match different financial goals. But with this flexibility comes responsibility—particularly when it comes to full and honest disclosure. Failure to declare existing life insurance policies at the […]

  IRDAI Warns Insurance Firms Against High Commission Payouts: Impact on Policyholders and Premiums Introduction: IRDAI’s Action Against High Commission Payouts The Insurance Regulatory and Development Authority of India (IRDAI) has taken strict action against general and health insurance companies regarding their rising commission payouts. These payouts have significantly increased insurance premiums for policyholders. 🔹 The regulator warned insurers to control commissions or face possible regulatory action in future review cycles. 🔹 This move follows […]