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IRDAI Limits Premium Hike for Senior Citizens to 10% Annually

The Insurance Regulatory and Development Authority of India (IRDAI) has issued a notification that seeks to limit the financial burden on senior citizens regarding health insurance premiums. The new directive mandates that insurers cannot increase premiums for individuals aged 60 years and above by more than 10% annually. This move addresses the concern that steep premium hikes for this vulnerable demog

Business

30 Jan 2025 11:21 AM 1.58k views

IRDAI Limits Premium Hike for Senior Citizens to 10% Annually

Business

"Delhi LG Proposes Tiered Vehicle Insurance Premiums Based on Traffic Violations"

Delhi Lieutenant Governor VK Saxena has proposed a tiered vehicle insurance premium system that would link costs directly to the number of traffic violations recorded against a vehicle. In a letter to Union Finance Minister Nirmala Sitharaman, Saxena emphasized that this system could incentivize safer driving habits, reduce accidents, and alleviate the financial burden on insurers from frequent claims. Citing alarming accident statistics, including over 4.37 lakh road accidents in 2022, Saxen

General

25 Sep 2024 11:19 AM 941 views

"Delhi LG Proposes Tiered Vehicle Insurance Premiums Based on Traffic Violations"

General

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#irdai

IRDAI Limits Premium Hike for Senior Citizens to 10% Annually

IRDAI Limits Premium Hike for Senior Citizens to 10% Annually

"Delhi LG Proposes Tiered Vehicle Insurance Premiums Based on Traffic Violations"

"Delhi LG Proposes Tiered Vehicle Insurance Premiums Based on Traffic Violations"

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Fifth Dead Whale Washes Up in San Francisco Bay, Prompting New Marine Investigation

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"Base Metals Trading: Key Factors, Market Trends, and Trading Strategies"

CSIR-CFTRI Mysuru Opens Applications for Scientist Position – Apply by March 14

AI Market Set to Reach $4.8 Trillion by 2033 but Risks Widening Global Inequality

Lionel Messi arrives in San Jose as Inter Miami faces Earthquakes in landmark MLS game

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#irdai

IRDAI Limits Premium Hike for Senior Citizens to 10% Annually

IRDAI Limits Premium Hike for Senior Citizens to 10% Annually

"Delhi LG Proposes Tiered Vehicle Insurance Premiums Based on Traffic Violations"

"Delhi LG Proposes Tiered Vehicle Insurance Premiums Based on Traffic Violations"

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Lionel Messi arrives in San Jose as Inter Miami faces Earthquakes in landmark MLS game

Drunk Driver Crashes Into Fort Worth Home, Family Unhurt

Fifth Dead Whale Washes Up in San Francisco Bay, Prompting New Marine Investigation

India and China Establish New Patrolling Arrangement Along LAC: A Step Toward De-Escalation

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