In a significant relief for senior citizens, the Insurance Regulatory and Development Authority of India (IRDAI) has imposed a limit on annual health insurance premiums. The regulator has stated that ...

While it is a customer-friendly move, the regulator should ensure that companies do not reduce the coverage benefits by ...

On January 30, the Insurance Regulatory and Development Authority of India (Irdai) issued a circular directing insurers not ...

Irdai has capped annual increases at 10%. While this ensures predictability for policyholders, experts warn of potential ...

Taking cognisance of the steep hike in premiums for health insurance for senior citizens, the insurance regulatory and ...

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, ...

Insurance companies cannot increase health insurance premiums for senior citizens by more than 10% in a year. Here's more ...

The Insurance Regulatory and Development Authority of India (Irdai) has mandated that insurers cannot increase health insurance premiums for senior citizens by more than 10% annually. This directive ...

The insurance sector regulator said that as part of the ongoing monitoring of insurance products offered in the Indian ...

Admitting that health premium for senior citizens has gone through the roof, IRDAI said, “it is observed that there has been steep increase in premium rates under some of the health insurance products ...

Individuals can claim deductions under Section 80D of the Income Tax Act for the premiums paid for health insurance policies ...

Having a constant source of income adjusted with rising costs in India is a challenge ... 25,000 and ₹50,000 for senior citizens for the premiums paid on health insurance in a financial year.