IRDAI warns Star Health Insurance for misleading advertisement

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IRDAI has warned Star Health Insurance Co for publishing a misleading advertisement and asked it to comply with regulatory provisions.

In an advertisement in a business daily on May 8, 2015, the company had claimed itself to be the number one in India.

The advertisement read: “Star Health Insurance ranks No. 1 among all private general and health insurance companies in India in health segment (2014-15).”

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