Grace Period in Health Insurance: 15 vs 30 Days, Coverage and Lapse Rules
Grace Period in Health Insurance: Meaning, Duration & Benefits AI OVERVIEW A grace period is the extra time after your health insurance premium due date during which you can still renew without the policy lapsing and without losing continuity benefits like waiting-period credit, cumulative bonus, and moratorium progress. Under IRDAI norms, it is commonly 15 […]
Meet CoverRisk: India’s First AI-Generated Risk Report on Insurance
CoverRisk: India’s First AI-Generated Risk Report on Insurance Three lakh people have used CoverRisk across two years. Nearly every one of them arrived knowing exactly one figure about their own insurance: the sum insured. Almost none knew whether that figure had any bearing on their actual life. A policy document is a contract, not a […]
Personal Accident Insurance: No Calendar Invite
Personal Accident Insurance: What Does It Cover? The Numbers Nobody Wants to Read: Road Accidents in India, and What a Cover Actually Does MoRTH’s 2024 report records 4,87,707 road accidents in India. 1,77,175 deaths. 4,71,441 injuries. Broken into daily terms: 1,336 accidents a day. 485 deaths a day. Nearly 20 deaths every hour. The crashes […]
Life Doesn’t Send a Calendar Invite: The 3 Covers Most Indians Skip
Life Doesn’t Send a Calendar Invite. Are You Covered for All 3? You plan for the things you can see coming. The wedding, the vacation, the new phone launch, the tax deadline in March. You block your calendar for all of it. But the accident on your way to work tomorrow isn’t on that calendar. […]
Room Rent Limit in Health Insurance: Proportionate Deduction Explained (2026)
What is Room Rent Limit in Health Insurance? AI OVERVIEW A room rent limit is the maximum your health insurance policy pays per day for your hospital room. It can be a fixed amount (for example ₹3,000 a day), a percentage of the sum insured (commonly 1% for a normal room and 2% for ICU), […]
What is the Co-payment Clause in Health Insurance?
What is Co-payment in Health Insurance? Meaning, Types, and Examples (2026) AI OVERVIEW Co-payment (co-pay) in health insurance is the fixed percentage of every admissible claim you pay, while the insurer pays the rest. IRDAI’s standard definition describes it as a cost-sharing requirement where the insured bears a specified percentage of the admissible claim amount, […]
The Insurance Gap You Didn’t Know You Had: A 5-Minute Reality Check (2026)
The 5-Minute Insurance Audit Most Indians Skip (And What It’s Quietly Costing Them) AI OVERVIEW An insurance audit is a quick, honest check of whether the insurance you hold still fits your life. It has five steps: 1) Visibility: know every policy you and your family hold, in one place. 2) Adequacy: check whether each […]
Debunking the Insurance Myth: Having Insurance ≠ Being 100% Insured
AI OVERVIEW Having an insurance policy does not mean you are fully protected. Coverage is conditional: what gets paid depends on your sum insured versus your real risk, and on clauses like room rent limits, co-payment, sub-limits, deductibles, waiting periods, exclusions, and consumables. Many Indians are also under-insured because they rely on employer covers that […]
Rethinking Insurance for Your Travel Plans
THE BLOG AT A GLANCE: Travel’s taking off! From quick weekend escapes to long stretches overseas, travel has quietly turned into a kind of therapy. However, amongst all this, there’s a small gap that people hardly notice or largely overlook – no matter if you’re dashing off for a weekend or settling abroad for months, […]
Winter, AQI, Insurance: The Trio You Should Be Worried About!
Unfortunately for us, “Winter is here.” Instead of savouring warm mornings, lively evenings, or the soft blur of mist over the streets, most of us end up coughing, wheezing, and gasping for air, thanks to the choking AQI (Air Quality Index – It’s a scale that shows how clean or polluted the air is, and […]
Chronic Kidney Disease in India: The Growing Risk and Need for Awareness
AI OVERVIEW Chronic Kidney Disease (CKD) is the gradual, long-term loss of kidney function, staged 1 to 5 by eGFR (estimated glomerular filtration rate). It is often silent until advanced stages. In India, diabetes and hypertension are the leading causes, and published studies estimate CKD affects roughly one in ten adults, though estimates vary. Stage […]
Keeping your heart happy: Protecting you from Heart Disease in Today’s World
AI OVERVIEW Heart disease is one of India’s leading causes of death, and it is striking people younger than before because of stress, sedentary work, diabetes, hypertension, smoking, and air pollution. Health insurance covers heart treatment (angioplasty, bypass, valve procedures, hospitalisation, day-care and pre- and post-hospitalisation costs) subject to policy terms. If you buy before […]
