indemnity-based health policies

IRDAI Removes Age Cap on Health Insurance Purchases, Expands Coverage for Pre-existing Conditions

Effective April 1, 2024, the Insurance Regulatory and Development Authority of India (IRDAI) has removed the age limit for purchasing health insurance policies, marking a significant shift in India's insurance landscape. Previously, individuals were restricted by an age limit of 65 years for acquiring new health insurance policies. However, the...