IRDAI removes age cap for buying health insurance policies
In a major decision, the Insurance Regulatory and Development Authority of India (IRDAI) has removed the age cap for buying health insurance policies.Releasing the new Insurance Regulatory and Development Authority of India (Insurance Products) Regulations, 2024, which was notified in the official Gazette on 20th March 2024, IRDAI has specified its directions for the health insurance...
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In a major decision, the Insurance Regulatory and Development Authority of India (IRDAI) has removed the age cap for buying health insurance policies.
Releasing the new Insurance Regulatory and Development Authority of India (Insurance Products) Regulations, 2024, which was notified in the official Gazette on 20th March 2024, IRDAI has specified its directions for the health insurance companies regarding their product designs i.e. the type of their health insurance policies.
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