3. Pre-existing Illnesses and Waiting Periods Many senior citizens have pre-existing health conditions such as hypertension, diabetes, or heart problems. Therefore, it’s essential to choose a ...
The Insurance Regulatory and Development Authority of India (IRDAI) has directed insurers not to increase health insurance premiums beyond 10 percent per annum for senior citizens of above 60 years.
As part of the ongoing monitoring of insurance products offered in the Indian insurance market, IRDAI observed that there has been a steep increase in premium rates under some of the health insurance ...
Following multiple reports of health insurance companies significantly increasing premiums for senior citizens upon renewal, the Insurance Regulatory and Development Authority of India (Irdai) on ...
As the population ages, ensuring the health and well-being of senior citizens becomes a top priority for families. One of the most important steps you can take to safeguard your loved ones' health is ...
The government public health insurance scheme aims to benefit approximately 4.5 Crore families with six crore senior citizens with 5 Lakh rupees free health insurance cover on a family basis.
Insurance Regulatory and Development Authority of India (IRDAI) issued a circular on January 30, 2025, to address rising health insurance premiums for senior citizens aged 60 and above. Observing ...
The Insurance Regulatory and Development Authority of India has released a notification directing insurers to not revise premium rates for senior citizens by more than 10% per annum. The notification, ...
on Thursday directed insurers that they should not revise the premium on health cover products for senior citizens by more than 10 per cent in a year. The regulator’s move follows sharp hike in health ...
The move follows multiple complaints from elderly policyholders about steep premium hikes, making health insurance unaffordable. In a relief to senior citizens, the Insurance Regulatory and ...