Regulator as well as insurers keen on such policies, but pricing may be a trouble. The Insurance Regulatory and Development Authority (Irda) is looking to do away with the age limit for purchasing insurance policies. Even as the proposal is still at a nascent stage, the regulator is in the process of clearing products targeted at senior citizens
http://www.business-standard.com/india/news/age-barrier-for-health-policies-may-go/461515/
.
