The Insurance Regulatory and Development Authority of India (IRDAI) has removed the age cap on buying health insurance policies, effective from April 1, 2024.Earlier, individuals were restricted to purchasing new insurance policies only until the age of 65. However, after the recent changes that have come into effect from April 01, 2024, anyone, regardless of age, is eligible to purchase a new health insurance.Also read: IRDAI marks 25th anniversary with slew of regulatory reforms”Insurers…
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IRDAI removes age limits on health insurance purchase
