IRDAI New Insurance Regulations 2024; On Tuesday the Insurance Regulatory and Development Authority of India (IRDAI) released a regulation that no claim shall be rejected by any general insurance company for “Want of Documents”.
This new regulation aimed at streamlining the health insurance claim settlement process. This new rule, effective immediately, stipulates that insurers can no longer reject claims based on document-related issues. This change is expected to bring much-needed relief to policyholders who often face hurdles due to documentation disputes.



No More documents required for Insurance claim


Reasons for Claim Rejections

In 2024, several common reasons for claim rejections in the health insurance sector were identified:

  • Non-submission of documents/duplicate claims

Many claims were denied due to missing or improperly submitted documents, or because of duplicate claims.

  • Policy terms and conditions

Insurers often reject claims that do not comply with the specific terms and conditions outlined in the policy.

  • Non-disclosure of pre-existing diseases

Failing to disclose pre-existing medical conditions at the time of purchasing the policy is a common reason for claim denials.

  • Fraud/misrepresentation

Claims found to be fraudulent or based on misrepresented information are routinely rejected.

The IRDAI has observed that disputes over documentation are a major cause of claim rejections, leading to dissatisfaction among policyholders. In response, they have directed all general and health insurers to focus only on essential documents directly related to the claim settlement process.


Required documents for claim settlement will now be limited to:

  1. Claim form
  2. Treatment schedule
  3. Diagnostic test reports
  4. FIR (First Information Report), if applicable
  5. Impact on Policyholders

This New regulation is a game-changer for policyholders, ensuring a more straightforward and transparent claims process. By limiting the required documents to those directly related to the claim, new Insurance Regulations 2024 aims to:

  • Reduce the burden on policyholders

Fewer documents mean less hassle for claimants, making the process smoother and quicker.

  • Minimize disputes

By standardizing the required documents, the potential for disputes over missing or incorrect paperwork is significantly reduced.

  • Improve claim settlement times

With a more streamlined process, insurers can process claims faster, providing timely support to policyholders in need.


What is the Insurance Act 2024?

The Insurance Act 2024 although not yet officially in effect, aims to improve the insurance sector significantly. It plans to update rules, make it easier to manage policies online and protect consumers better from fraud. IRDAI has also announced that health insurance claims will now be processed cashlessly within three hours, making it simpler for customers. The Act also focuses on simplifying health insurance and addressing risks from climate change. By reducing the paperwork needed for claims, it aims to make insurance easier to use and understand for everyone.


The IRDAI’s new regulation marks a significant step towards protecting the interests of health insurance policyholders in India. By eliminating document-related rejections, the IRDAI ensures that policyholders can access their entitled benefits without unnecessary obstacles. This move not only simplifies the claim settlement process but also enhances the overall trust and transparency in the health insurance sector.

Policyholders are encouraged to stay informed about these changes and ensure they have the necessary documents ready when filing a claim. With these reforms, IRDAI is paving the way for a more efficient and user-friendly health insurance system in India.



Q1. What overall impact will the new regulations have?

Ans: The new regulations will make the health insurance system more efficient, transparent, and user-friendly, ensuring that policyholders can access their benefits without unnecessary obstacles.

Q2. Can my claim still be rejected?

Ans: Yes, but not for document-related issues. Claims can still be rejected for reasons like policy terms not being met, non-disclosure of pre-existing conditions, or fraud.

Q3. What does the new IRDAI regulation say?

Ans: Insurers cannot reject health insurance claims due to issues with documents.

Q4. Why was this rule made?

Ans: To make the claim process easier and reduce problems caused by missing or incorrect documents.

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