Tag Archives: health insurance

In a significant development in India's insurance sector, individuals above the age of 65 are now eligible to purchase new health insurance policies. The Insurance Regulatory and Development Authority of India (IRDAI) has removed the age cap on buying health insurance policies, effective from April 1, 2024, as reported by ANI.

In a significant move aimed at benefitting health insurance policyholders, the Insurance Regulatory and Development Authority of India (IRDAI) has slashed the maximum waiting period for pre-existing diseases (PEDs) from 48 months to 36 months. This change, effective from April 1, 2024, brings relief to customers purchasing health insurance policies during the current fiscal year.