New India Assurance (NIA) has hiked its premium by almost 100% for senior citizens. Regulations of the Insurance Regulatory and Development Authority of India (IRDAI) do not allow premium for senior citizens to be increased by more than 50%-75% at the time of renewal.
75 years to reach per capita income of $2730, will take only 5 years to add another $2000, FM Sitharaman
Read More