Surge in health insurance premium since Covid-19, total sum assured zooms too
Kolkata: The Covid 19 pandemic has driven home the scare of debilitation and death into the masses like no other events on the past few decades. Since then the amount people spend on health insurance has gone up dramatically. Insurance-technology platform Turtlemint has come up with a report that says the health insurance sector in his country industry is going up so rapidly that the total sum assured has jumped by 240% over the past five years.
“The increasing preference for higher sum assured and comprehensive coverage highlights a growing consumer focus on financial preparedness for medical expenses,” a report by the Business Standard has said quoting the co-founder & chief executive officer of Turtlemint, Dhirendra Mahyavanshi. It is........
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