Can your health insurer use the material change clause to raise premiums or reject claims? Know your rights

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.