News From Press Insurer can't reject your claim if you meet this criteria

Insurer can't reject your claim if you meet this criteria

New guidelines for health insurance plans issued by IRDAI favour policyholders but premiums could rise.

Economic Times Oct 7, 2019

Health insurance companies will not be able to reject your claims if you have continuously been covered for at least eight years. This provision, along with a host of others, form part of IRDAI’s standardisation of exclusions guidelines released recently. These norms will be applicable to products filed after 1 October 2019. For existing health contracts, the new rules will come into effect from 1 October 2020.

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