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4060: Insurers rejecting claims after branding them as ‘unreasonable’ a key cause of heartburn | Simply Save
Publisher |
moneycontrol
Media Type |
audio
Categories Via RSS |
Business
Publication Date |
Nov 01, 2023
Episode Duration |
00:12:47
IRDAI has set up a committee to recommend simpler policy wordings in insurance contracts. In a conversation with Moneycontrol, Shilpa Arora, COO at InsuranceSamadhan explains why clauses such as ‘reasonable and customary’ charges, proportionate deduction due to room rent capping and co-pay should be spelt out prominently in the insurance contract, and in an easy-to-understand language, instead of technical jargon. Tune in

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