to the needs of senior citizens and also establish dedicated channels for addressing their grievances and claims. With effect from 1 April 2024, IRDAI has removed the age limit for purchasing health insurance policies. Earlier, 65 years was the age limit for buying new health insurance policies

IRDAI is a 10-member body including a chairperson, and five full-time and four part-time members appointed by the government of India.

History

In India, insurance was mentioned in the writings of many historical documents, which

1.Previous
3.Next