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IRDAI warns against unregistered insurer, Even Healthcare

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BBN Bureau

MUMBAI/April 14-2022: The Insurance Regulatory and Development Authority of India (IRDAI) has on Tuesday (April 13, 2022) warned against an unauthorised insurance company by the name ‘Even Healthcare Pvt Ltd’ illegally offering health insurance polices using an unregistered website even.in.

“It has come to the notice of IRDAI that an entity by the name “Even Healthcare Pvt Ltd” having their corporate office at ‘No.311,6th Main Road, HAL 2nd Stage, Indira nagar, Bengaluru, Karnataka- 560038’ and having website www.even.in, is offering health plans. It is to inform the public that the plans offered by Even Health are not health insurance plans and the said entity is not a registered entity with IRDA.” the IRDAI release said.

The release said the public subscribing to these plans of “Even Healthcare Pvt Ltd” are advised to note that they are dealing at their own risk.

Stating that only IRDAI registered insurance companies or their appointed insurance agents and insurance intermediaries can sell insurance products, the regulator stressed that public are hereby advised to exercise caution while dealing with unregulated entities and to avail health insurance products and services from IRDAI registered insurance companies.

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