NCLAT: Cannot Withhold Income Tax Refund Received by Bank During CIRP In CD's Account  ||  All. HC: With S. 111 of BNS Covering 'Organised Crime' It Appears Gangsters Act has become Redundant  ||  P&H HC: Cannot Allow Changes in Admission Form after Submission  ||  Bom. HC: Findings in Criminal Proceedings Cannot Be Relied Upon While Adjudicating Civil Proceedings  ||  P&H HC Directs Jail Authorities to Decide Parole Applications within Four Months  ||  Allahabad HC: Merely Supporting Pakistan Will Not Prima Facie Attract Section 152 of BNS  ||  HP HC Upholds Wife’s Claim of Adverse Possession after Husband’s Death  ||  Patna HC: Maintenance may be Allowed in Disputed Marriages if Relationship Was Socially Accepted  ||  Karnataka HC: State to Respond in 3 Weeks regarding Mandatory Teaching of Kannada  ||  Delhi HC: Husband Unhappy in Marriage is No Proof of Abetment of Suicide    

Modification in guidelines on standard individual health insurance product- (Insurance Regulatory and Development Authority) (18 Mar 2021)

MANU/IRDA/0021/2021

Insurance

1. Reference is drawn to Guidelines on standard individual health insurance product circular Ref No.: IRDAI/HLT/REG/CIR/172/07/2020 dated 07.07.2020 specifying norms on minimum and maximum sum insured limits.

2. In order to enhance the coverage available under "Arogya Sanjeevani Policy", in partial modification of the extant guidelines, insurers shall mandatorily offer the sum insured between Rs. 50,000/- to Rs. 10,00,000/- under the standard product Arogya Sanjeevani w.e.f. 1st May, 2021 or earlier.

3. The tables of premium rates for revised sum assured slabs shall be filed in terms of Clause C (10) of "Guidelines on Filing of Minor Modifications in the approved Individual Insurance Products offered by General and Stand Alone Health Insurers on Certification Basis" (Ref No.: IRDA/HLT/CIR/MISC/151/09/2019 dated 20th September, 2019).

4. Insurers may launch the modified version of the "Arogya Sanjeevani Policy" after filing the same on Certification Basis as referred to at Para (3) above. The UIN allotted by the Authority will be retained.

5. This has approval of the competent authority.

Tags : MODIFICATION   GUIDELINES   INSURANCE PRODUCT  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved