India is a diverse country, with different people demanding different outcomes from the same product. The insurance landscape is constantly transforming to cater to these evolving demands. The health insurance industry, which traditionally followed a standard approach to products, is also reinventing itself by innovating as per dynamic consumer needs. Keeping customer-centricity as the focal […]
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Recently, the new IRDAI Chairman Debasish Panda had said it was time life insurers re-entered the health vertical Recently, the new IRDAI Chairman Debasish Panda had said it was time life insurers re-entered the health vertical Insurance behemoth Life Insurance Corporation (LIC) is keen to re-enter the mediclaim segment as and when the regulator provides […]
Continue ReadingAll four public sector insurers incurred losses of ₹26,364 crore in the health insurance portfolio for the last five years due to higher claims in group policies, a CAG report said. “The losses of the health insurance business of PSU insurers either wiped out/decreased the profits of other lines of business or increased the overall […]
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You get just one chance to get your life cover right as it is a life-long commitment Source link
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