CURRENT AFFAIRS

Detailed explanation-1: -The plan includes modern treatments, mental care cover, HIV/ AIDS and STD, day care treatments, pre-hospitalisation, post-hospitalisation and road ambulance cover. Mumbai: Aditya Birla Health Insurance Co.

Detailed explanation-2: -Milestone. General Insurance Corporation launched India’s first mediclaim policy in 1986 to standardise the terms and conditions under health insurance.

Detailed explanation-3: -Term insurance Return of Premium (TROP) is a variant of a term insurance plan in which the entire premium paid. Under this plan, the policyholder receives back all the premiums paid (minus GST) in case he/she survives the entire policy term, provided all the premiums of the plan are duly paid.

Detailed explanation-4: -HealthReturns™ are monetary rewards that can be accumulated over time and redeemed as per your needs. 13 Active Dayz™ + Green Healthy Heart Score can get you upto 30% of your premium back. Now you have more reasons to stay fit. Health insurance doesn’t get any better than this!

Detailed explanation-5: -In 1986 when ‘Mediclaim’ was first launched by the Indian government it offered minimum and maximum health coverage of INR 15, 000 and INR 5 Lakh respectively.