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4060: Insurers rejecting claims after branding them as ‘unreasonable’ a key cause of heartburn | Simply Save - 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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