Making of health insurance products for specific group of people having common risk contingency must be banned. Similarly withdraw all products specifically made for retirees containing a pool of only aged persons. All type of products should be made accessible to all irrespective of age. Age of entry to be raised substantially. IRDA must ensure that all products adhere to the basic principle of distribution of cost of claims.
Well written article.
Thanks! :)
Making of health insurance products for specific group of people having common risk contingency must be banned. Similarly withdraw all products specifically made for retirees containing a pool of only aged persons. All type of products should be made accessible to all irrespective of age. Age of entry to be raised substantially. IRDA must ensure that all products adhere to the basic principle of distribution of cost of claims.
Agreed!
Allowing insurance agents to sell insurance from multiple insurance companies will also help
Welcome move....each one should be protected and help...people is strength of country....