IRDAI's big decision regarding your health insurance in the mid-19 epidemic, this facility will change
IRDAI told health insurance companies that they cannot object to insurance claims after taking premiums for 8 consecutive years. IRDA has issued a new guideline in this regard and said that the terms and conditions of the policy will be made easier. New Delhi. Insurance regulator IRDAI stated in its latest guidelines that health insurance companies cannot object to insurance claims after taking premiums for eight consecutive years. IRDAI stated that the purpose of these guidelines is to standardize the general terms and conditions for getting insurance cover in indemnity-based health insurance (excluding personal accident and domestic / foreign travel) products. Policy terms and conditions will be made easier For this, the language of the general terms and conditions of the policy agreement will be made easier (Terms for Health Insurance) and uniformity will be ensured throughout the industry. IRDAI said that all existing health insurance products which are not in line with these