Health plans: Good idea to buy online or offline?

There has been a strong emergence of technical development in India in the recent years along with the use of internet as a powerful tool in our day-to-day life. With an increase in internet penetration in India the new generation of working professionals have become increasingly comfortable with transacting online. The insurance industry is very much a part of this e-commerce growth story with a slew of insurance products being sold online. Read more

Reliance Life Insurance seeks IRDA nod for two health insurance plans

Leading private insurer Reliance Life has sought approval of the sectoral regulator IRDA for two new health plans and is aiming to  launch them in current quarter.

“We have filed two health plans with the regulator. One is a reimbursement health plan and another one is a simple fixed benefit plan.  We are awaiting approval from the regulator,” Reliance Life Insurance President and Executive Director Malay Ghosh told PTI. Read more