IRDAI New Guidelines 2025: What Changes for Policyholders

IRDAI has introduced several important changes in 2025: Reduced waiting period for pre-existing diseases from 4 to 3 years, mandatory digitization of all policies, simplified claim settlement process with 15-day timeline, increased free-look period from 15 to 30 days, new guidelines on claim rejections requiring detailed reasoning, portability made easier with 7-day processing, and standardization of health insurance products across all insurers.