Checks on rise in health insurance renewal premium in the pipeline

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 ghttp://www.myallagents.com/Checks-on-rise-in-health-insurance-renewal-premium-in-the-pipeline/details.html