Business Standard

How to build a health corpus if you're unable to get medical insurance

Also try to join a group health plan at the office, bank or one covering your professional group

insurance
Premium

Bindisha Sarang Mumbai
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.

Create a health contingency fund

Make the creation of a

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 20 2022 | 4:27 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com