Referenceis invited to the provisions of Chapter III of Consolidated Guidelines onProduct filing in Health Insurance Business (Ref No:IRDAI/HLT/REG/CIR/194/07/2020 dated 22nd July, 2020 (the guidelines)specifying the File and Use Procedure in respect of various categories of individualProducts or Add-ons or Riders of Health Insurance Business. In partialmodification of these guidelines the following norms are specified.
Thefollowing categories of the individual products or add-ons or riders of healthinsurance business offered by General and Health Insurance Companies (hereafterreferred as insurers) are permitted to be launched through Use and FileProcedure by duly complying with the norms specified in these guidelines.
a. PersonalAccident insurance products
c. DomesticTravel insurance products
i. The abovereferred categories of individual products are allowed to be launched under useand file subject to the following conditions:
i.1 Inrespect of the personal accident, domestic and overseas travel products “useand file” is allowed only if the coverage offered both under base covers andadd-on covers or riders is contingent upon an accident and/or travel asrelevant.
i.2 Wherecombination of covers from different lines of health insurance business, isproposed with products other than those mentioned above or with combination ofproducts mentioned above but not in accordance with (i.1) above, insurers shouldcontinue to file such products under “file and use” procedure, as specified inthe guidelines
i.3 Any modificationof the above referred products filed under “use and file” continue to be under “fileand use” procedure as specified in the guidelines.
a. Directthe insurer to withdraw the product.
General Manager (Health)