IRDAI puts cap on senior citizen health insurance premium hikes – Know all about it

The Insurance Regulatory and Development Authority of India (IRDAI) has asked insurance companies not to increase health insurance premiums for senior citizens by more than 10 per cent per annum. This strategy is intended to safeguard seniors from significant premium hikes while assuring ongoing coverage. Why the decision? Clarifying on the move- Rakesh Goyal, Director, Probus… Continue reading IRDAI puts cap on senior citizen health insurance premium hikes – Know all about it