A survey conducted by SBI Life Insurance, along with NielsenIQ (India), has revealed that 46 per cent of respondents bought health insurance, and 44 per cent purchased life insurance for the first time during the pandemic. In short, Indians are increasingly becoming aware of the importance of insurance.
While awareness has increased, many people are unable to get health insurance for reasons such as pre-existing diseases, past ailments, advanced age, and so on. Insurers are unwilling to extend coverage to high-risk prospects. Such people should explore self-insurance and other alternatives.
While awareness has increased, many people are unable to get health insurance for reasons such as pre-existing diseases, past ailments, advanced age, and so on. Insurers are unwilling to extend coverage to high-risk prospects. Such people should explore self-insurance and other alternatives.
Create a health contingency fund
Make the creation of a