^{Since 1 April 2024, the Indian Insurance Regulatory and Development Authority (IRDAI) has removed the age limit,} for taking out health insurance policies. This gesture signals a crucial change in the insurance sector in India.

People aged 65 and over were not eligible to take out new health insurance policies. But recent regulatory adjustments allow people of all ages to now benefit from new health insurance coverage. According to IRDAI style="font-family: "Bookman Old Style”, "serif">, there is a need for insurers to expand their services to meet different demographics, including seniors, students, children and maternity hospitals. This decision reflects IRDAI's commitment to improving the accessibility and affordability of health coverage for all age groups. By removing age limitations, the regulatory body aims to inspire innovation among insurers, by encouraging them to diversify and improve their product offerings