Senior citizens are prone to age-related medical conditions, so health insurance is a must. However, the icing on the cake is the tax benefits that come with it.

Insurers may look for other solutions, such as medicines or equipment for the mobility impaired beyond which policy seniors need once the draft insurance amendment bill is passed.

Unlike people in jobs who have a regular income and growth, freelancers or self-employed individuals have an erratic income. So, freelancers need to plan their retirement very carefully.

Medical costs often account for the biggest share of senior citizens’ expenses, and they can port their policy if they are unsatisfied with their health insurance coverage