Health insurance has become an essential part of financial planning for Indian households. As medical costs continue to rise and out-of-pocket spending remains significant, understanding how a policy actually works is more important than ever. Yet many purchase decisions are still shaped by assumptions that seem minor at first, but can create confusion, disappointment, and unexpected financial strain when a claim arises.

The Bharat Marine Pool will be managed by GIC Re which along with New India Assurance will be contributing the maximum capacity to the pool New Delhi:Looking beyond the ongoing West Asia crisis, which has severely paralysed global maritime trade and as a permanent measure,the Government and the Indian general insurers, led by state owned GIC Re and New India Assurance(NIA), have stitched up a $100 million(around Rs 940 crore) Bharat Marine Pool, that would manage the war risk for vessels

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The marine insurance landscape is rapidly evolving in the wake of conflict in the Middle East. Also, a conflict involving Iran will have material implications for the insurance market in Singapore, given its role as a regional aviation hub and one of the world's leading maritime centres, according to Mr Nick Francis, Marine Partner at Kennedys, a global litigation and dispute resolution firm.