Many media reports are doing the rounds that IRDAI has issued a new rule in a circular on 11th June 2020 that health insurers cannot question (unless there is fraud) a claim made after holding a policy for eight continuous years. This is not a new development. We also explain what this means.

Covid-19 health insurance claims are rapidly increasing in the country. With no standardised hospital pricing and reports of huge hospital bills, insurers are finding it difficult to pay out claims in full.  This could mean difficulties in claim processing and future increase in the already-high premiums.  What should policyholders do?

Melvin Joseph, one of India first SEBI registered investment advisors has released a free ebook titled Health Insurance Simplified (download link below). It explains all terms and definitions of a health insurance policy in an easy-to-understand manner.

IRDAI has removed a controversial pre-existing disease clause in the standard health insurance guidelines. This will benefit buyers

Ayushman Bharat Yojana is a government health insurance scheme for five lakh. We consider the features of the scheme and who is eligible.

Super top insurance covers are essential to handle large hospital bills. However, they suffer from a restriction that is not so obvious. Here is what you need to know

This is a FAQ and description of details of the newly introduced Arogya Sanjeevani Standard Health Insurance Policy by IRDAI. Will this make a difference?

Here is a free ebook on health insurance prepared by Venkatesh Jayaraman. Use it to understand the features of a health insurance policy and choose one suited to your needs. The ebook was shared a few days ago by the author on Twitter. Mr Jayaraman kindly consented to not only share it with freefincal readers…

Selecting a suitable health insurance policy is one of the most difficult decision in personal finance. Yet it is one of the most important steps that cannot be avoided. It would make a big difference if an experienced expert in the field discussed the basics of health insurance coverage and talked us through how to…

This is a health insurance policy comparison spreadsheet prepared by  K R Lakshminarayanan for his personal use. He has kindly come forward to share it with all of us. Use it as a base for comparing health insurance features and understand aspects of a policy that matter. Health insurance policies currently available can be classified…

This is how I lost Rs. 24,000 on my health insurance claim due to the presence of room rent sub-limits. However, having a policy without such sub-limits is not a bed of roses either. Readers may recall that my mother had ear surgery in Dec 2018 but I thought I got away with the sub-limit…

Health insurance room rent sub-limits must be clearly understood before purchasing a health cover else it can hut real bad. In this post, I describe my experience with my mother’s ear surgery and lessons on health insurance sub-limits – the disadvantages and advantages if any. What is a health insurance room rent sub-limit? This essentially means…

After much debate and hesitation, I finally took the plunge and purchased super top-up health insurance for my family. Since I have written several posts on health insurance, I thought I will share the details here.  This is not a recommendation and the purchase I made is truly personal. I am sure there are better…