Beshak In The News

IRDAI's 10% cap on health insurance premium hikes for senior citizens offers much-needed relief, but it also raises questions about long-term sustainability, insurer practices, and the future of affordable healthcare.

Irdai has capped annual increases at 10%. While this ensures predictability for policyholders, experts warn of potential challenges, including stricter underwriting and claim settlements.

Customers are increasingly favouring pure term plans over return-of-premium (ROP) policies, while also improving coverage with additional benefits, or riders.

Saif Ali Khan, a renowned Indian actor, has filed a claim of ₹35,95,700 based on the expected cost of his treatment due to injuries sustained during alleged burglary attempt. His insurance provider, Niva Bupa Health Insurance, approved ₹25 lakh. This has sparked a debate on social media on discrimination. Some of the doctors and insurance expert has shared their insights.

Cancer-specific policies, which only cover cancer, are available as indemnity-based or fixed-benefit plans. Fixed-benefit plans offer a lump sum payout upon diagnosis and sometimes include an income benefit. Cancer-specific policies typically cover all stages of the disease.

A good rule of thumb is to purchase term cover amounting to 7-10 annual income, plus outstanding liabilities

The insurance marketplace, specifically health insurance, is getting wider and deeper. Services around health insurance are also picking pace and one such service provider is Beshak. Check out Mahavir Chopra's interview on Beshak and the ongoing challenges in health insurance.

When buying term insurance, you typically select a policy term based on when you expect to reach financial independence. This is the age by which you expect to have paid off debts and accumulated sufficient wealth to support yourself and your dependents.

Health insurance penetration is increasing gradually - thanks to Covid. With the growing realization of its importance, more people are protecting themselves against unforeseen medical expenses. Hear from our founder, Mahavir Chopra, as he shares insights on how health insurance plays a crucial role in combating health challenges exacerbated by poor air quality and lifestyle issues. Don’t miss his expert take