IRDAI / HLT/ MISC / CIR / 129 / 06 /
Insurers (Except ECGC and AIC)
Sub: Disclosure of
underwriting philosophy of offering Insurance coverage to Persons with
Disability (PWD) and people affected with HIV/AIDS and Mental Illness diseases.
is drawn to the provisions of IRDAI (Health Insurance) Regulations, 2016 in
accordance to which every insurer shall evolve a health insurance underwriting
policy covering approach and aspects relating to offering health insurance
coverage not only to standard lives but also to substandard lives. Further
insurance companies shall also comply with various provisions of HIV and AIDS
Prevention and Control Act, 2017 and Mental healthcare Act, 2017.
the above provisions, it is considered essential that the targeted population
of every insurer shall have complete information on the philosophy that
insurers adopt while complying with the above referred provisions.
furtherance to above, all Insurers are instructed to publish on their
respective websites the underwriting philosophy and approach with regard to
offering insurance coverage to the following category of population:
with Disabilities ( PWD)
affected with HIV /AIDS
affected with Mental Illness diseases.
Insurers (Life, General and Health Insurers) are here by directed to comply
with the aforesaid instruction by 01st October, 2020.
5. This has
the approval of the competent authority.
( DVS RAMESH )
GENERAL MANAGER ( H)