Some time back I had mentioned that we went on hearing for portability of mobile phone numbers and nothing has happened for many years.The players come out with some excuse and it gets deferred.
Let us hope this does not happen with portability of health insurance.
The proposal received by the Regulator has the following conditions ;
Sum assured Rs 1 lakh only
Entry age -upto 40 only
We understand that Regulator wish is
Sum assured upto Rs 2 lakh
Entry age -upto 60 years
Proposal is going back to General Insurance Council.Let us hope it comes back with improved conditions in a short time.
Wednesday, May 26, 2010
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