Irdai to look at colour-coding health policies

To make life simpler for policyholders, Irdai might look into a system of colour-coding health insurance policies to easily access its complexity. In an exposure draft, an Irdai working group proposed the colours “green, orange, and red” - with green ones being the least complex and red the most. “The colour code on policies will be put up on the websites of insurers so that the custome