What is a Moratorium period?
After a continuous coverage period defined by IRDAI, a health policy enters a moratorium: the insurer can no longer contest a claim on the ground of non-disclosure or misrepresentation, except in cases of proven fraud. It protects long-standing policyholders from late rejections.
Why the moratorium matters
Once the moratorium applies, your policy cannot be challenged over how a pre-existing condition was disclosed years earlier, unless the insurer can prove fraud. This gives long-term policyholders certainty.
The length of continuous coverage required has been revised under recent IRDAI norms, so confirm the current period rather than relying on an older figure.
Frequently asked questions
Can an insurer reject a claim after the moratorium?
After the moratorium, a claim cannot be contested for non-disclosure or misrepresentation except on grounds of proven fraud. Ordinary policy terms and exclusions still apply.