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30.11 - 16:33
Increase in sum insured to focus on benefits: 5 ways Covid-19 pandemic changed health insurance trends in 2021
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By Srinath Mukherji
The outbreak of the Covid-19 pandemic had a profound impact on the Indian Health Insurance sector. Insurance providers, as well as individuals and corporates seeking health insurance, had to adapt to the new norm of limited face-to-face interactions in novel ways. Furthermore, people realized the importance of having an adequate financial backup for medical emergencies and have become keen on being sufficiently insured for the health and safety of themselves and their loved ones.
Following are the 5 ways the pandemic changed health insurance trends in 2021:
Increased Awareness about Health Insurance
The pandemic forced people to take stock of their health as well as their financial preparedness to combat unforeseen medical
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