As health insurance companies have implemented steep premium hikes across age groups - some insurers even increasing health p ...
Irdai has capped annual increases at 10%. While this ensures predictability for policyholders, experts warn of potential ...
The Insurance Regulatory and Development Authority of India has released a notification directing insurers to not revise ...
The regulatory body has stated that insurance companies must seek approval before discontinuation of individual health ...
Under this order, companies will not be able to increase the premium of health insurance for senior citizens by more than 10% ...
With these new rules, finding the best health insurance in India is much easier, and families can now optimise their coverage ...
Insurance companies cannot increase health insurance premiums for senior citizens by more than 10% in a year. Here's more ...
Steep rise in health insurance premium of senior citizens has been engaging the attention of Irdai and is a regulatory ...
Effective immediately, insurers are now limited to increasing premiums for senior citizens by no more than 10 percent ...
The Insurance Regulatory and Development Authority of India (Irdai) has mandated that insurers cannot increase health ...
Insurance regulator IRDAI, has barred companies from raising premium for senior citizens by more than 10% without prior consultation. Insurers need the regulator's approval to withdraw individual ...
Irdai said insurers must seek its approval if they propose an annual increase of more than 10%, or if they plan to withdraw individual health insurance products for senior citizens.