Irdai to ban credit-linked group health insurance

“As the primary purpose of any health cover is to meet the treatment costs or to manage the lifestyle on diagnosis of critical illness, no insurer is permitted to offer any indemnity or benefit-based credit-linked group health products,” Irdai said in a draft circular.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/irdai-to-ban-credit-linked-group-health-insurance/articleshow/79559235.cms