Are you aware that amongst the top 5% people in India, 98% receive some medical attention before they die, however, over 38% of citizens who belong to the bottom 25% never receive any health care during their lifetimes? They are too poor to afford a hospital stay, even for life-threatening diseases. More than six crores are forced to step below the poverty line.
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Is your bike amongst 25% of two-wheelers in India that are insured? The true value of your bike insurance is only realised while making a claim. However, what if there was an option to get rewarded for being a responsibly safe driver and not claiming during the entire policy period?
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Online or cyber scams are more common than you can imagine. 56.1% of Indians fell a victim to online discount frauds last year merely by clicking on links that took them to sketchy, fake or unauthorized websites.
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Over 2 Lakh 60 thousand active coronavirus cases and more than 20,000 deaths. It’s the beginning of July, and COVID-19 pandemic in India doesn’t show any signs of slowing down. Almost 4 Lakh patients have been cured or discharged till date, and that’s the only encouraging number that brings some relief.
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The COVID-19 Pandemic and the widespread lockdown in India can be described as evolving situations. It’s the third phase of nationwide restrictions on businesses.
Barring some exceptions, all sectors and commercial activities are gearing up for a tough year. The insurance industry is no different!
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COVID-19 cases in India have now crossed 50,000 as the country extends its lockdown for two more weeks starting 4th May. The Coronavirus outbreak is leading to considerable economic hardship for all businesses, communities and consumers. The insurance industry has been struck too.
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“Tax saved is income earned” – That’s the modern-day version of an age-old cliche-money saved is money earned. As we stepping into new fiscal year and striving through this lockdown, every financial decision should be taken with utmost care.
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The Nationwide Coronavirus-Lockdown has been initiated in India to flatten the sharply-rising curve and control the community spread of COVID-19 disease.
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The growing number of lifestyle diseases, double-digit medical inflation, rising healthcare costs and increasing uncertainties are slowly but surely making Indians realize the immense value of a health insurance policy. Undoubtedly, the mindset is changing. However, as the spotlight intensifies, is it appropriate to claim that our health insurance sector and policies are flawless with no room for improvement?
Most experts would say “No, it is not.”
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“Coronavirus” – The dreaded word, virus, and the subject that has been the centre of attention for most citizens across the world, including India. What is this virus, illness and the outbreak all about?
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