News From Press Health insurance master circular: General insurers seek 2-month extension

Health insurance master circular: General insurers seek 2-month extension

Source: BS Aug 12, 2024

General insurers seek an extension in deadline until December 2024 from the regulator to comply with the revised master circular guidelines on health insurance products, people aware of the development told Business Standard.

The Insurance Regulatory and Development Authority of India (Irdai) issued the ‘Master Circular on Health Insurance Products’ in June and asked general/health insurers to offer a wider range of products to customers, including those with all types of existing medical conditions and pre-existing diseases and chronic conditions.

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