The
Insurance Regulatory and Development Authority (Irda) on Wednesday said
it would soon come up with norms to prevent arbitrary increases in
renewal premiums on health policies. It added insurance companies often
raised premiums when policies under which benefits were claimed were due
for renewal.
“We have seen if a party makes a claim in a g
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Tuesday, July 15, 2014
Checks on rise in health insurance renewal premium in the pipeline
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