Delhi HC Directs IRDAI To Issue Reminder To Insurers For Offering Add On Cover For Covid Home Care Treatment To Existing Policy Holders
3 years, 8 months ago

Delhi HC Directs IRDAI To Issue Reminder To Insurers For Offering Add On Cover For Covid Home Care Treatment To Existing Policy Holders

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The Delhi High Court has directed the IRDAI to issue reminder to all General and Stand-Alone Health Insurers with regards to an advisory issued by it to offer Add On Cover for home care or domiciliary covid treatment to the existing policy holders.A division bench comprising of Justice Vipin Sanghi and Justice Jasmeet Singh was apprised. The Delhi High Court has directed the IRDAI to issue reminder to all General and Stand-Alone Health Insurers with regards to an advisory issued by it to offer Add On Cover for home care or domiciliary covid treatment to the existing policy holders. A division bench comprising of Justice Vipin Sanghi and Justice Jasmeet Singh was apprised by Advocate Abhishek Nanda appearing for IRDAI that it had issued an advisory to the insurers that they could offer Add-on Cover to all existing policy holders during mid-term by charging appropriate additional premium for the residual term of the policy, after submitting their proposal to the IRDA for approval. Considering the submissions made and status report filed, the Court directed thus: "Since the said communication was issued on 21.06.2021, and not much time has elapsed after, let the IRDA issue a reminder in respect of the communication dated 21.07.2021 to the insurers qua the General and Stand-Alone Health Insurers, and file a status report with regard to the progress made in respect of the said Advisory before the next date of hearing."

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