Online channels have demonstrated exponential growth over the last few years, especially after the pandemic topicsInsurance Ever since InsurTechs set a digital footprint in the insurance industry, technology has greatly equalized barriers and accelerated the crucial metric of penetration. Traditionally, insurance has been perceived to run on a feet-on-street kind of model. But the advent … Read more
Dear Quentin, One of my husband’s children told me she was shocked when her dad told her I was the primary beneficiary of his life insurance. The next day I received two texts from my stepdaughter stating that she could not understand why her father did not include his three kids on his life insurance. … Read more
A Kenwood man’s search for a life-saving lung transplant is complicated by figuring out how to pay for it. Last winter, 55-year-old Mark Plummer was healthy. He was employed as a delivery driver and said he’d never even had surgery or a broken bone. In February 2021, he started experiencing shortness of breath. By May, … Read more
Photo: iStock Settlement of expense reimbursement claims under health insurance policies on an average takes about 20 to 46 days from the date of intimation to the insurer, said a study conducted by insurtech platform SecureNow. The company said the industry data tabulated by it also shows that patients are quite prompt in informing the … Read more
Just days after the most destructive wildfire in Colorado’s history, Colorado Division of Insurance Commissioner Michael Conway called a virtual town hall for the hundreds of victims who lost their homes in Boulder County. The Marshall fire burned more than 6,000 acres between Louisville and Superior on Dec. 30, destroying almost 1,100 homes and businesses … Read more
Just days after the most destructive wildfire in Colorado’s history, Colorado Division of Insurance Commissioner Michael Conway called a virtual town hall for the hundreds of victims who lost their homes in Boulder County. The Marshall fire burned more than 6,000 acres between Louisville and Superior on Dec. 30, destroying almost 1,100 homes and businesses … Read more
Roamly is equipped to integrate its new Travel Insurance product into existing travel marketplace insurance offerings. Tweet this Through a first-of-its-kind partnership with International Medical Group (IMG), a leading travel insurance and assistance services company and fully owned subsidiary of SiriusPoint Ltd., a global insurance and reinsurance company, Roamly is now equipped to integrate its … Read more
Recently, Bengaluru-based software professional Sumit Sen had to get his 68-year-old father admitted to the hospital twice. Here, his father spent 10 days the first time and seven days the next time. Both times the bill ran into a few lakhs, costing about Rs 60,000 to Rs 70,000 per day in the ICU. Despite using … Read more
BURLINGTON, Vt. (WCAX) – There is a looming crisis in Vermont over how we will care for our aging population. Nearly one quarter of Vermont’s population is over 65 and tens of thousands of people are unsure of how they will pay for health care and other needs as they get older. I told you … Read more
If you’ve had any experience buying insurance or filing a claim, then you’ve probably heard the term “deductible” but may not fully understand what it is or how it works. In a nutshell: A deductible is an out-of-pocket payment you must make before your insurance coverage takes over. The deductible you choose directly impacts your … Read more