Health insurance policy renewals are standard. However, some health insurance companies are introducing a 'Material Change' clause in their health policies, prompting policyholder concerns. This clause allows insurers to alter premiums and policy terms. Experts suggest this may conflict with IRDAI regulations. Read on to find out how you can handle such situations and understand your rights under IRDAI regulations.

Health insurance policies often have hidden sub-limits. These caps on specific treatments or room rents can lead to unexpected out-of-pocket expenses. Policyholders must carefully review their documents to understand these clauses. Ignoring sub-limits can result in claim rejections. Choosing a policy with no sub-limits or adequate coverage is recommended for a stress-free hospital stay.