IRDA regulation regarding life long renewal of medical insurance ?

POSTED BY saint ON December 10, 2013 10:35 am ONE COMMENT

Dear Sir

I happen to read recently that IRDA has brought some regulation to compel all insurance provider to provide Renewability for life .

I would like to know when this will come in effect . I have a personal medical insurance which has max renewal age of 75 yrs from last 2 years , now I want to include my wife and take a floater instead so I am just wondering whether I should wait for this regulation or better to switch to a new insurer who provides life long renewal .

One reply on this article “IRDA regulation regarding life long renewal of medical insurance ?”

  1. ashalanshu says:

    Dear Saint, please check this.

    policyholder.gov.in/Renewability_of_Health_Insurance.aspx

    thanks

    Ashal

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