Sir,
Recently Insurance companies have launched a scheme to cover common people for accidental insurance and for this scheme the upper age limit has been fixed 65 years. The public Sector Banks have been assigned the task of fullfilling the formalities with regard to scheme. The scheme is really welfare one and has been hailed by one and all. But so far as the upper age limit is concerned the scheme is lacking flexibility. The scheme should have covered all age groups. Everybody whether young or old can meet an accident and in the present, we witness upward trend of the same. Will the people beyond 65 of years not meet an accident ? Here it is paradox. Insurance Companies for the over all benefit of the people should enlarge the scheme to other people as well.
In India the average age of our people has increased and is now calculated more than 65 years and keeping this too in view the insurance cover needs to be expanded. As desired and in the largest interest of the people the scheme needs to be recasted as early as possible. More to say Public Sector banks should facilitate people and help them in this regard.
Yours etc…..
S N Raina
Jammu