Thursday, March 5, 2020

What do IRDA’s guidelines say on handling claims under Corona Virus?

IRDA has issued guidelines about handling claims with regard to Corona Virus whereby insurers have been directed to expedite handling of claims for hospitalisation expenses for Coronavirus disease (COVID-19). IRDA’s guideline on COVID-19 directs insurers to cover medical expenses during the quarantine period. The guidelines also advise insurers to design products for the Corona Virus. IRDA’s instructions are in to force with immediate effect.

from taxmann.com News https://www.taxmann.com/topstories/222330000000020384/what-do-irda’s-guidelines-say-on-handling-claims-under-corona-virus.aspx

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