MEDISEP Revamp 2025

MEDISEP Revamp 2025: Expert Panel Recommends Enhanced Insurance Coverage for Kerala State Employees and Pensioners

MEDISEP Revamp 2025: In a major development aimed at strengthening the welfare of Kerala’s state employees and pensioners, the government-appointed expert committee has submitted its recommendations to revamp the Medical Insurance Scheme for State Employees and Pensioners (MEDISEP). The core of this proposal lies in enhancing insurance coverage from ₹3 lakh to ₹5 lakh, coupled…

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Women-Specific Insurance Products Witness Steady Growth in India

Women-Specific Insurance Products Witness Steady Growth in India: Benefits, Eligibility, Fees & Application Details

Women-Specific Insurance Products Witness Steady Growth in India: India is undergoing a transformative shift in how women access and perceive financial security, especially through women-specific insurance products. As more women become financially independent, their demand for tailored financial protection has grown significantly. Insurance companies have taken note, introducing a wide range of products designed specifically…

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Hanwha Life Insurance Outlook Revised to Stable

Hanwha Life Insurance Outlook Revised to Stable: A Sign of Strength and Stability

Hanwha Life Insurance Outlook Revised to Stable: In a significant development for the insurance sector, Moody’s Ratings has revised the outlook of Hanwha Life Insurance to stable, citing stronger profitability and robust capitalisation. This revision marks a vote of confidence in Hanwha Life’s ability to maintain its financial health in a changing economic environment. According…

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Health Insurance in India Must Be Inclusive

Health Insurance in India Must Be Inclusive: Bridging Gaps in Premiums, Claims, and Accessibility

Health Insurance in India Must Be Inclusive: India’s health insurance landscape has seen rapid evolution, yet several disparities remain unresolved. Health insurance accounted for a massive ₹1.18 lakh crore premium in FY 2024-25, forming about 36% of India’s general insurance premium. But a closer look at the data shows troubling asymmetries—both in terms of premium…

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How to Use Digital Modes to Pay Insurance Premiums

How Indians Are Paying Insurance Premiums in 2025: UPI, Credit Cards, and Monthly Plans Lead the Way

How Indians Are Paying Insurance Premiums in 2025: In a rapidly digitizing economy, Indian policyholders are embracing modern payment methods to fulfill their insurance premium commitments. According to a new report by Policybazaar, UPI (Unified Payments Interface) has emerged as the most preferred method for paying insurance premiums in India. The report reveals that in…

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Govt to Bring Open Architecture for Individual Insurance Agents

Govt to Bring Open Architecture for Individual Insurance Agents: What It Means and How It Will Impact the Industry

Govt to Bring Open Architecture for Individual Insurance Agents: In a significant move towards liberalizing and modernizing India’s insurance sector, the Indian Government is all set to introduce an open architecture model for individual insurance agents. The proposal comes as part of the upcoming Insurance Act Amendment Bill, aiming to unlock new opportunities and bring…

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