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Irda notice on health cover to senior citizens

Irda notice on health cover to senior citizens
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First Published: Mon, May 25 2009. 10 48 PM IST
Updated: Mon, May 25 2009. 10 48 PM IST
New Delhi: Considering that most of the non-life insurance companies tend to deny health cover to senior citizens because of their high claims ratio, the Insurance Regulatory Authority of India, or Irda, has issued a notice on Monday stating that all health policies must allow entry at least till 65 years of age.
The circular also states that any difference in products for different age groups should be highlighted in the policy prospectus.
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First Published: Mon, May 25 2009. 10 48 PM IST