IRDAI caps premium hike for senior citizens at 10%

Insurance regulator IRDAI, has barred companies from raising premium for senior citizens by more than 10% without prior consultation. Insurers need the regulator's approval to withdraw individual products meant for senior citizens.

IRDAI caps premium hike for senior citizens at 10%
Insurance regulator IRDAI, has barred companies from raising premium for senior citizens by more than 10% without prior consultation. Insurers need the regulator's approval to withdraw individual products meant for senior citizens.

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