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IRDA may ensure affordable health cover to all beyond 65 yrs also

The insurance regulatory authority- IRDA is looking at a proposal to make health cover affordable for all senior citizens. The proposal which is based on the recommendations of an expert panel - is based on the core assumption to allow Senior citizens to enter the Health insurance system even beyond the age of 65 yrs.

This will surely be a welcome change by the Senior Citizens as currently most Health Insurers do not renew their Health Insurance policies after the insured crosses the 65 yrs mark.