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Do you know about ? IRDAI issued advisory regarding health insurance policy

IRDAI Advisory For Health Insurance: Insurance Regulator Irda (IRDAI) has issued an advisory not to buy health insurance policy from a company by issuing a notice. This company is wrongly selling health insurance policy.

IRDAI Health Insurance Advisory For Even Healthcare: After the Corona epidemic (Covid-19), the number of people buying a health insurance policy has increased rapidly due to the increase in the expenditure on the treatment of the disease. According to a report, earlier Tier-1 cities had the highest number of people buying health insurance. But now people in Tier-2 and Tier-3 cities are also taking a lot of health insurance plans.

Some companies selling health insurance in a wrong way

In case of any kind of medical emergency, a health insurance plan helps you financially in the treatment. But some companies are selling plans in a wrong way, due to which your money can be sunk in future. In such a situation, the insurance regulator Insurance Regulatory and Development Authority of India (IRDAI) has issued advisory for those buying health insurance.

Read Also: How to Transfer your Health Policy to another Insurance Company?

People don’t pay attention to important things

Actually, many times people buy health insurance policy in a hurry but do not pay attention to the important things. In the digital age, many people take policies from online platforms. In such a situation, Irda advises to check whether the company from which you are buying the policy is authorized by the regulator for this or not.

your money can be drowned

If you take a policy from a company which is not authorized then your money can be lost. It is possible that you may not even get the benefit of insurance cover in a health emergency. The Insurance Regulator (IRDAI) has alerted people about an unauthorized and unregistered company on its website.

Company Information

In the notice issued by IRDA on 13 April 2022, it has been said that Even Healthcare Pvt Ltd is an unauthorized company. It is not registered with IRDA. Therefore , you can be a victim of fraud by taking health insurance from its online platform https://even.in .

The corporate office of the company is in Bangalore

In the circular issued on the website, IRDA wrote, ‘It has come to notice that Even Healthcare Pvt Ltd is offering the health plan. The Corporate Office of this company is at 311, 6th Main Road, HAL 2nd Stage, Indira Nagar, Bangalore, Karnataka-560038. The plans offered by Even Healthcare are not health insurance.

Read Also: Now you can buy Max Bupa’s Health Insurance Policy from Axis Bank

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