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IRDAI removes age limits on health insurance, huge relief for seniors

 The Insurance Regulatory and Development Authority of India has removed the age cap on buying health insurance policies, effective from April 1, 2024. Image used for representational purpose only.......

'Govt won't privatise GIC Re at this stage'

 'Because it is the only public sector company in this sector, currently.' Illustration: Uttam Ghosh/Rediff.com Chairman and Managing Director of General Insurance Corporation of India (GIC Re)......

'Aim is to double individual first-year premiums in 3 yrs'

 'Currently, our individual first premium would be in the Rs 3,000-Rs 3,200 crore range. We want to take that to about Rs 6,000 crore in three years.' Illustration: Uttam Ghosh/Rediff.com Aditya......

'We will grow at about 20% over the next few years'

 'Private General insurers are poised to grow at 17 - 18 per cent over the next 5 to 7 years and we will grow faster.' Photograph: Kind courtesy Future Generali India Insurance Private sector......

Pricing key challenge for health insurance of older citizens: Experts

 Most companies had an internal policy which did not allow them to sell health insurance products to persons of more than 65 years Photograph: Anindito Mukherjee/Reuters The insurance......

Age limits on health insurance policies removed

 The Insurance Regulatory and Development Authority of India (IRDAI) has removed the age cap on buying health insurance policies, effective from April 1, 2024. Illustration: Uttam Ghosh/Rediff.com......

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