by AIP Online Bureau | Sep 11, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Reinsurance
This aims to benefit approximately 4.5 crore families with six crore senior citizens with Rs 5 Lakh free health insurance cover on a family basis New Delhi: The Union Cabinet, chaired by the Prime Minister Narendra Modi, has approved the health coverage to all the...
by AIP Online Bureau | Aug 19, 2024 | Articles, Eco/Invest/Demography, Health, Non-Life, Policy
As life expectancy in India reaches an impressive average of 72 years, the need for specialized care and tailored lifestyle options has never been more pressing Amit Bhandari, Chief Technical Officer at Magma HDI General Insurance As we celebrate Senior Citizens Day,...
by AIP Online Bureau | Mar 3, 2023 | Indian News, Pension & Social Security, Regulation
The exit form of NPS will be treated as proposal form for purchasing annuity, thereby reducing the time and efforts of senior citizens as well as insurers. Hyderabad: In order to bring ease of living for senior citizens, the insurance regulator IRDAI has relaxed the...
by AIP Online Bureau | Jul 9, 2022 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic, Technology
An ageing population in India, along with a growing middle class and enhanced life expectancy, is expected to boost the demand for allied health care services in India, Antara said. New Delhi: Around 70 per cent of senior citizens did not have access to proper...
by AIP Online Bureau | Dec 23, 2021 | Health, Indian News, Non-Life, Pension & Social Security
“In order to provide relief to our senior citizens, it is necessary to reduce the existing GST rates on health insurance policies from 18 per cent to five per cent or exempt senior citizens from any GST on purchase of health insurance,” Patnaik said in the letter...
