IRDAI notifies wellness benefit rules for life, health insurers: what policyholders should know.

Updated: Oct 2, 2020

To promote wellness benefits in life and health insurance, the Insurance Regulatory and Development Authority of India (IRDAI) has issued guidelines on wellness and preventive features.

Now, insurers have to notify the rewards accrued to the credit of a policyholder and entitlements of the policyholders under the wellness and preventive features, at periodic intervals but at least once in a year, as per the guidelines.

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