Renewability of Health Insurance
There has been some concern among consumers, especially senior citizens, about insurance companies turning down the renewal of health insurance policies.
IRDA has stipulated that a health insurance policy should always be renewed except if there has been
1 Fraud
2 Moral hazard (intentionally taking an insurance policy in order to make a false claim)
3 Misrepresentation
155-255 (Toll Free)
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