“INSURANCE REGULATOR (IRDAI) DIRECTS HEALTH INSURERS TO COVER SURROGACY EXPENSES UNDER HEALTH INSURANCE POLICY”

In a welcome move the Insurance Regulatory and Development Authority of India (IRDAI) has directed the health Insurers to provide a health insurance policy to cover surrogacy expenses for families who due to medical conditions are unable to start a family.

The Insurance Regulatory and Development Authority of India (IRDAI) has directed all insurers to comply with the Surrogacy Act, 2012 and ART (Assisted Reproductive Technology) Act, 2021.

Surrogacy is a medical option for those families or individuals who due to medical conditions are not able to conceive on their own and are unable to start a family.

This would enable to provide cover for such families and truly fulfil their dream of having children, especially now with medical advancement in the domain.

It goes without saying that the cover will provide these individuals access to quality medical care. IRDAI has directed all insurers to comply with the above two Acts with immediate effect and ensure that suitable products are made available.

author avatar
admin

You may also like

“GENERAL INSURERS ADVISED BY THE INSURANCE REGULATOR (IRDAI) FOR MANDATORY ARBITRATION CLAUSE IN ALL POLICIES UNDER THE COMMERCIAL LINES OF BUSINESS”
11 April, 2024

The Insurance Regulator (IRDAI) following a reference made by the Supreme Court of India in M/S National Insurance Company Vs. M/S Nippon Paper Foodpac Pvt. Ltd. [SLP (C) 225-226/2023, decided …

“THE SUPREME COURT HELD THAT PERSONAL GUARANTORS TO CORPORATE DEBTORS ARE UNDER OBLIGATION TO FURNISH INFORMATION SOUGHT BY THE RESOLUTION PROFESSION”
22 March, 2024

S U P R E M E C O U R T O F I N D I A      Petition(s) for Special Leave to Appeal (C) No(s).16464/2021 SURENDRA B. …

“SUPREME COURT HELD THAT PARTY HAS A RIGHT TO ADRESS FINAL ARGUMENTS EVEN WHEN NO WRITTEN VERSION WAS FILED AND NO PARTICIPATION MADE IN THE PROCEEDINGS BEFORE NATIONAL CONSUMER DISPUTES REDRESSAL COMMISSION”
11 March, 2024

IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION CIVIL APPEAL NOS. /2023 (@ CIVIL APPEAL Diary No(s). 31182/2023) ARN INFRASTRUCTURE INDIA LIMITED    ….APPELLANT(S) VERSUS HARA PRASAD GHOSH                                       …..RESPONDENT(S) …

Leave A Reply