Senior citizens’ plans should not be the first choice for those aged 60 and above. “If an individual is above 60 and is not covered under any health plan, only then should he think of senior citizen health plans,” says Rakesh Goyal, director, Probus Insurance Broker.
The Insurance Regulatory and Development Authority of India (IRDAI) has come out with a slew of guidelines recently on health, life and travel insurance, aimed at bringing in greater clarity in spheres where there was ambiguity earlier. This ambiguity would often lead to disputes between the insurer and the customer. Health insurance Permanent exclusions: One major change pertains to permanent exclusions.