Re: Master Circular on Standardization ofHealth Insurance Products - Corrigendum
Reference is drawn to the Master Circular onStandardization of Health Insurance Products issued vide ref no.IRDAI/HLT/REG/CIR/193/07/2020 dated 22.07.2020.
Pre-existing Disease means any condition, ailment, injury or disease:
b) Forwhich medical advice or treatment was recommended by, or received from, aphysician within 48 months prior to the effective date of the policy issued bythe insurer or its reinstatement.
(Life Insurers may define norms for applicability of PEDat reinstatement).
(Note: All existing health insurance products that arenot in compliance with this definition shall not be offered and promoted from01st October, 2020 onwards)