News From Press Health insurance: You can now pay premium in instalments

Health insurance: You can now pay premium in instalments

Source: Financial Express Jul 17, 2020

Considering the financial stress due to job losses, pay cuts and lower revenue most salaried professionals and businessmen are facing, the Insurance Regulatory and Development Authority of India (Irdai) has come out with a circular for modifications in policies filed by general and standalone health insurers. The regulator has allowed the payment of health insurance premiums in instalments.

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