What does the standard definition of exclusion mean for a health insurance policy?
Answer 
Answer
Answer
IRDA has standardized the definitions and wordings for all kinds of exclusions. The wording of exclusion criteria differed across all health insurance policies making it difficult for a policyholder to make the right choice.
Now with the new rule, every policy will have the same wordings and definition of the exclusions along with a CODE for each exclusion.