On April 13, 2022, the Insurance Regulatory and Development Authority of India (Irdai) issued a notice in public interest warning against buying health insurance policies from an unauthorised, unregistered website, even.in.
The name of the entity is “Even Healthcare Pvt Ltd". The regulator further clarified that the policies offered by Even Health are not health insurance plans, and the said entity is not registered with Irdai.
The public notice issued by Irdai via circular said, “It has come to the notice of Irdai that an entity named ‘Even Healthcare Pvt Ltd’, which has a corporate office at No.311,6th Main Road, HAL 2nd Stage, Indira Nagar, Bengaluru, Karnataka- 560038, and a 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 Irdai.