In February, a parliamentary panel suggested a composite license for an insurer to undertake life, general, or health insurance under one entity to increase the country’s insurance penetration.

Irdai has initiated the Bima Sugam project in 2022 to bring all insurance products and services under one platform.

Health risk increases as we age, and so adequate insurance coverage is crucial. Here we explore the options available for senior citizens to get possible higher coverage post-65.