IRDAI proposes to reduce sum insured on standard health indemnity insurance to Rs 5 lakh

IRDAI proposed to mandate all general and health insurers to offer a standard indemnity-based health insurance product with a sum insured ranging from Rs 1,00,000 to Rs 5,00,000 on individual as well as family floater basis

from Personal Finance News-Wealth-Economic Times https://ift.tt/2L3EkBs