Third-party administrators or TPA in health insurance acts as an intermediary between the insurer and the insured for a smooth claim settlement. In 2001, Insurance Regulatory and Development Authority of India (IRDAI) introduced third-party administrators to address the slow claim settlement processing in health insurance. The TPA ensures an efficient and quick claim settlement process.

Earning ₹1 crore FD interest per month is not easy and depends on different factors. These include, the type of institution that offers the FD, the age of the depositor, interest rate offered, etc. The fixed deposits at traditional banks generally offer lower interest rates compared to corporate FDs or FDs offered by small finance banks in India. Additionally, the interest rate for senior citizens is higher than other depositors in most cases. However, on a ₹1 crore FD you can expect a monthly interest income of around ₹50,000 to ₹75,000 based on the rate of interest.

A brain aneurysm is a weakened, bulging area in the wall of a blood vessel present in the brain. At the same time, some aneurysms remain stable and might not highlight any symptoms. Others can grow, leak or rupture.

This leads to a life-threatening medical emergency. Brain aneurysm surgery is often recommended to prevent rupture or treat an aneurysm that has already burst.

A 12-month period in which an individual or business gains income is known as a financial year (FY). In India, the financial year begins on 1st April and ends on 31st March in the next calendar year. On the other hand, the assessment year in income tax is the year immediately following the financial year. From April 1, 2026 the concepts of assessment year and financial year have been replaced with the uniform use of tax year as per Income Tax Act, 2025.

Alzheimer's is a progressive disease that has a significant emotional and financial impact on families. It slowly impairs the patient's memory, thinking skills, behaviour, and self-care abilities. As costs for long-term medical care continue to increase, financial planning for progressive diseases like Alzheimer's is important to most families. This blog gives a detailed overview of Alzheimer’s disease, including all its stages, treatment, and the help that can be provided by health insurance for Alzheimer's disease in managing the long-term costs of the disease.