IRDA
MEDICLAIM POLICY

I just wanted to complaint about why the IRDA IS SLEEPING AND not taking actions in favour of the the industry as a whole these so called gipsa companies are selling policies through banks at 1/4 the premium what they are charging from the policy holders who are buying policies directly from them. Even the policies which they rae selling through banks does not have any room rent or icu capping plus the exclusion period for diseases is also one year instead of 2 year. WHY THESE COMPANIES ARE MAKING HUE AND CRY AND NOT ALLOWING CASHLESS FACILITY TO THOSE WHO ARE PAYING FOUR TIMES THE PREMIUM AS COMPARED TO THESE BANKS POLICIES. BUT THE MATTER OF FACT IS THAT CASHLESS FACILITY NEVER STOPS FOR THE GROUP MEDICLAIM POLICIES AND POLICIES SOLD BY BANK.

IRDA IS NOT WORKING IN THE FAVOUR OF INDIVIDUAL POLICYHOLDER WHO IS BUYING POLICY DIRECTLY FROM THE INSURER