Extend date for health insurance policy renewal till Apr 21: IRDAI

Insurance regulator IRDAI has asked insurers to extend dates for renewal of health insurance policies, which are expiring during the coronavirus lockdown duration, till April 21.

A notification to this effect was issued by the Department of Financial Services, Government of India, on April 1, 2020.

"The central government has directed that policyholders whose health insurance policies fall due for renewal during the period on and from March 25 up to April 14, and who are unable to make payment of their renewal premium on time in view of the prevailing situation in the country as a result of COVID-19 are allowed