Discrepancy between policy schedule document and policy wordings document
In a Care (Religare) - Care plan, there is a co-payment for members aged 61 & above.
In the policy schedule document, it is mentioned as
UIN: RHIHLIP20091V041920 (I couldn't find this on IRDA site)
Co-payment (Applicable where age of member at entry is 61 years or above)
while the policy wordings as per latest revision (UIN: RHIHLIP21017V052021) mention it differently
If age of Insured Person or eldest Insured Person (in case of Floater) is 61 years or more, the Company provides an option to Insured Person / Policyholder to choose for co-payment option of 20% per claim (over & above any other co-payment, if any) which applies to such Insured Person or all Insured Persons (in case of Floater) and thereby get a discount of 20% in Premium to be paid.
I've waiting for clarification from the customer care. Wanted to know your thoughts.
Similarly, I've seen few more discrepancies in Care brochures vs website vs policy terms etc. I'm not sure if it comes under IRDA purview to validate these before approval.