No age restriction now on purchase of health insurance plans
The Morning Standard|April 29, 2024
Removing age limit opens up access to health coverage for senior citizens, and they should look for features like no-claim bonuses to combat medical inflation
MONIKA YADAV
THE decision by the insurance regulatory and development authority of India (IRDAI) to remove age restrictions on health insurance policies is a significant move that reflects a more inclusive approach towards insurance coverage in India.

Earlier, most insurance companies would not sell health insurance products to persons above 65 years.

This change allows individuals of all age groups to access health insurance without being limited by age-related constraints. It indicates a progressive step towards ensuring that more people, including the elderly population, can avail of essential health coverage and benefits. By eliminating age restrictions, the IRDAI is promoting greater financial security and healthcare access for a broader segment of the population, ultimately enhancing the overall insurance landscape in the country. Rakesh Jain, chief executive officer (CEO), Reliance General Insurance said, "For senior citizens, this initiative signifies an end to the constraints that previously barred many from securing health insurance past a certain age.

Esta historia es de la edición April 29, 2024 de The Morning Standard.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.

Esta historia es de la edición April 29, 2024 de The Morning Standard.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.

MÁS HISTORIAS DE THE MORNING STANDARDVer todo
LIC gets 3 more years to pare govt stake to 90%
The Morning Standard

LIC gets 3 more years to pare govt stake to 90%

Sebi allows govt higher shareholding; listed companies need to have 25% public float

time-read
1 min  |
May 16, 2024
France declares emergency in New Caledonia
The Morning Standard

France declares emergency in New Caledonia

French government spokeswoman Prisca Thevenot announced the decision after a Cabinet meeting on Wednesday afternoon in Paris. It follows days of unrest in the Pacific territory and what Thevenot described as \"scenes of chaos,\" with a member of the security services reported among the four killed.

time-read
2 minutos  |
May 16, 2024
The Morning Standard

Joe Biden mulls $1 bn sale of arms, ammunition to Israel

THE Biden administration has told key lawmakers it plans to move forward on a new $1 billion sale of arms and ammunition to Israel, three congressional aides say.

time-read
1 min  |
May 16, 2024
Ready for talks that address all sides of Ukraine war, says Putin
The Morning Standard

Ready for talks that address all sides of Ukraine war, says Putin

Russian leader set to leave on two-day state visit of China, which supports his invasion

time-read
1 min  |
May 16, 2024
Ripples over Amritpal’s entry in Punjab poll fray
The Morning Standard

Ripples over Amritpal’s entry in Punjab poll fray

PANTHIC politics in Punjab appears on an unpredictable course. The ECI has accepted the nomination of pro-Khalistani and Waris Punjab De chief Amritpal Singh to contest from Khadoor Sahib as an independent candidate.

time-read
2 minutos  |
May 16, 2024
Shah invokes Satyajit Ray, takes 'Hirak Rani' jibe at Didi
The Morning Standard

Shah invokes Satyajit Ray, takes 'Hirak Rani' jibe at Didi

UNION Home Minister Amit Shah on Wednesday hit out at Chief Minister Mamata Banerjee over \"violence, corruption and polarisation\" in West Bengal, accusing the TMC government of snatching the rights of the poor.

time-read
1 min  |
May 16, 2024
Kharge promises to double free ration if INDIA bloc wins
The Morning Standard

Kharge promises to double free ration if INDIA bloc wins

Calling it a battle of ideologies, AICC chief Mallikarjun Kharge reiterated his allegation that the BJP would attempt to change the Constitution and the provisions of reservation also if given another term at the Centre. He promised 10 kg free ration if they come to power. Currently, the BJP is giving 5-kg.

time-read
1 min  |
May 16, 2024
‘BJP allies will surely repeat 2019 Maha show’
The Morning Standard

‘BJP allies will surely repeat 2019 Maha show’

MAHARASHTRA Deputy Chief Minister Devendra Fadnavis is confident that the ruling Mahayuti alliance, cobbled together after breaking the NCP and Shiv Sena, will win in all constituencies they won in 2019, if not more.

time-read
4 minutos  |
May 16, 2024
Brain dead retd army man gives life to three people by donating organs
The Morning Standard

Brain dead retd army man gives life to three people by donating organs

A retired junior commissioned officer (JCO), 70-year old Arjun Singh Sangotra, from the Jammu and Kashmir Rifles, who passed away on Tuesday, has given a fresh lease of life to three persons through organ donation. Sangotra suffered a brain stroke and was later declared brain dead at the Western Command Hospital, Chandimandir.

time-read
1 min  |
May 16, 2024
The Morning Standard

Govt seeks to check fake reviews of online products to protect consumers

THE Central government is planning to strengthen the existing rules to protect consumers' interests from online fake reviews that have doubled in the past five years.

time-read
1 min  |
May 16, 2024