Search results
Results From The WOW.Com Content Network
National Insurance Company Limited was incorporated on 5 December 1906 with its registered office in Kolkata.Consequent to passing of the General Insurance Business Nationalisation Act in 1972, 21 Foreign and 11 Indian Companies were merged with it and National became a subsidiary of General Insurance Corporation of India (GIC) which is fully owned by the Government of India.
Rashtriya Swasthya Bima Yojana (RSBY, literally "National Health Insurance Programme", [1]) is a government-run health insurance programme for the Indian poor. The scheme aims to provide health insurance coverage to the unrecognised sector workers belonging to the BPL category and their family members shall be beneficiaries under this scheme. [2]
If policy conditions are not met, the insurer can deny the claim. [27] [30] Policy form - The definitions, insuring agreement, exclusions, and conditions are typically combined into a single integrated document called a policy form. [26] Some insurers call it a coverage form [26] or coverage part. When multiple coverage forms are packaged into ...
A health insurance policy is a insurance contract between an insurance provider (e.g. an insurance company or a government) and an individual or his/her sponsor (that is an employer or a community organization). The contract can be renewable (annually, monthly) or lifelong in the case of private insurance.
National health insurance (NHI), sometimes called statutory health insurance (SHI), is a system of health insurance that insures a national population against the costs of health care. It may be administered by the public sector, the private sector, or a combination of both. Funding mechanisms vary with the particular program and country.
Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (PM-JAY; lit. ' Prime Minister's People's Health Scheme ', Ayushman Bharat PM-JAY lit. ' Live Long India Prime Minister's People's Health Scheme '), also colloquially known as Modicare, [2] [3] is a national public health insurance scheme of the Government of India that aims to provide free access to health insurance coverage for low income ...
With these technologies, the company claims to process health insurance in 15 minutes and issues Health and Motor Insurance Policies to customers within 5 minutes through digital platforms. A mobile application, the Insurance Portfolio Organiser (IPO) app, has also been built and offers its services based on geo-location.
Policy price range: Insurance companies offer health insurance from a sum insured of ₹ 5,000 [11] for micro-insurance policies to a higher sum insured of ₹ 5 million (US$58,000) and above. The common insurance policies for health insurance are usually available from ₹ 100,000 (US$1,200) to ₹ 500,000 (US$5,800).