The Insurance Regulatory and Development Authority of India vide its notification dated 7th March 2022 has directed the insurers to publish on their respective websites the aspects of underwriting philosophy and approach with regard to offering health insurance coverage to transgender persons so that the targeted population may have complete information on the philosophy that insurers adopt in this regard.
All insurers (Life, General and Health Insurers) are here by directed to comply with the aforesaid instructions immediately.
As per the provisions of IRDAI (Health Insurance) Regulations, 2016, every insurer shall evolve a health insurance underwriting policy covering approach and aspects relating to offering health insurance coverage not only to standard lives but also to substandard lives and further Attention is also drawn to provision of The Transgender Persons (Protection of Rights) Act, 2019.
