People worldwide are living longer. The share of senior citizens—60 years and above—is projected to jump by nearly 20% in 2050, as per a United Nations Population Fund report. In this regard, World Senior Citizens’ Day on August 21 is aimed at raising awareness about issues which affect the elders.
For most senior citizens in India, some of the biggest concerns include healthcare costs, lack of financial support and security. Take health insurance, for instance, sudden unforeseen medical expenses could severely impact the bank balance. With cost of medical care going up, it is necessary that every senior citizen should