Your life insurer may soon be able to offer a health insurance policy too

It is speculated that health insurance premium range may get lowered by 5-10 per cent if Irdai allows life insurers to design and sell medical insurance

According to a report in Mint, the Insurance Regulatory Development Authority of India (Irdai) may soon allow life insurance companies to offer health insurance policies. The move, if and when implemented, is likely to reduce premiums of policies and boost access to affordable health cover.