Offer standard health policies with maximum sum insured Rs 5 lakh: Irdai to insurers

"The health insurance market is having a number of individual health insurance products. Each product has unique features and the insuring public may find it a challenge to choose an appropriate product. Therefore,...the Authority has decided to mandate all general and health insures to offer the standard individual health insurance product," the regulator said.

from Banking/Finance-Industry-Economic Times https://ift.tt/39AxBte