The fuzziness in drafting exclusionary clauses has made buying a health insurance policy a risk in itself in India. Vague, broad-based definitions and interpretation of clauses can leave you with a policy but no real cover. But now it’s time for a clean-up. In a 26 February 2018 judgment, the Delhi High Court indicated that the insurance industry needs to clean the ambiguity around exclusions, and the buck stops with the Insurance Regulatory and Development Authority of India (Irdai).
75 years to reach per capita income of $2730, will take only 5 years to add another $2000, FM Sitharaman
Read More