Tag: health insurance
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IRDAI issues draft guidelines for standard health product
New Delhi : Insurance regulator IRDAI on Tuesday issued draft guidelines for standard health product by all insurers including general and health insurance businesses. According to the draft issued on the IRDAI website, the minimum basic sum insured under standard product has been proposed to be set at Rs 50,000, whereas the maximum limit shall…
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Significant scope to expand distribution, cut cost of health insurance: Ficci
New Delhi : With health insurance remaining underpenetrated but considered expensive by the consumers, there is still significant opportunity to expand distribution and reduce cost of acquisition and services, a Ficci report said on Monday. The report, prepared by Ficci and EY, ‘Distribution 2.0-Improving Distribution in Health Insurance’ was released by Insurance Regulatory and Development…