Mediclaim Renewal
- Posted by CERC India
- Posted in Landmark Cases
Mediclaim policies, considered a panacea, prove a headache when one goes for a claim or renewal. A recent judgement of the Gujarat High Court mitigates the grievances of the policy holders to a large extent by directing the insurance companies to renew Mediclaim policies on existing terms and conditions.
Consumer Education and Research Society (CERS), Ahmedabad, filed the case on behalf of the policy holders. The judgement marked a turning point for Mediclaim policies to the relief of lakhs of policy holders in the country.
Mediclaim policies, considered a panacea, prove a headache when one goes for a claim or renewal. A recent judgment of the Gujarat High Court mitigates the grievances of the policy holders to a large extent by directing the insurance companies to renew Mediclaim policies on existing terms and conditions.
Consumer Education and Research Society (CERS), Ahmedabad, filed the case on behalf of the policy holders. The judgment marked a turning point for Mediclaim policies to the relief of lakhs of policy holders in the country.
After considering all the aspects, the High Court concluded that the insured had the right to get renewal and the insurance company was bound to renew the policy without excluding any disease already covered under the existing policy.
Insurance company is bound to renew the policy without excluding any disease already covered under the existing policy even if the disease was contracted during the policy period.
For more detail on Mediclaim Renewal Cases please click below link
