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Age No Bar: Insurance Reforms Reach India’s Elderly

The Morning Brief

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Revolutionizing Health Insurance Practices in India

This chapter delves into a new government-backed insurance initiative in India, challenging existing aggregators like Policy Bazaar. It examines the removal of age caps in health insurance for senior citizens, the calculation of premiums based on morbidity tables, and the impact on insurance penetration. It also touches on regulatory changes for modern treatments, customer satisfaction enhancements, and the importance of prudent underwriting practices to prevent premium revisions.

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