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      Question

      What is the maximum annual increase in health insurance

      premiums allowed for senior citizens as per IRDAI's latest directive?
      A 5% Correct Answer Incorrect Answer
      B 7% Correct Answer Incorrect Answer
      C 10% Correct Answer Incorrect Answer
      D 12% Correct Answer Incorrect Answer
      E 15% Correct Answer Incorrect Answer

      Solution

      The Insurance Regulatory and Development Authority of India (IRDAI) has directed insurers not to increase health insurance premiums for senior citizens (aged 60+) by more than 10% per year. This decision aims to control rising health insurance costs and prevent financial burden on elderly individuals.

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