Multiple choice

As per IRDA guidelines, a ________ grace period is allowed for renewal of individual health policies.

  1. fifteen days

  2. thirty days

  3. forty-five days

  4. sixty days
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

As per IRDAI guidelines, a thirty days grace period is allowed for renewal of individual health policies. All continuity benefits are maintained, if the policy is renewed within thirty days from expiry of the earlier insurance. Claims, if any, during the break period will not be considered.

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