Moratorium period | IRDAI Insurance Regulations 2024 | Gurleen Kaur Tikku

The IRDAI has also reduced the moratorium period significantly from 8 years to 5 years.

Once an active health insurance policy’s moratorium period ends, the insurer cannot deny any claim covered by the policy on any grounds, except fraud.

The moratorium would be applicable on the sums insured of the first policy.