The covid-19 pandemic has changed the health and life insurance landscape in many ways. People are now taking health insurance more seriously and are preferring term life insurance plans over others.
Now that the over 60 days of nationwide lockdown is finally set to end in a relaxed manner, starting 8 June, insurers believe that the new trends that have surfaced in the last couple of months will continue even in the post-covid era. Health insurance Experts Mint spoke with said that the fear of getting infected has now pushed people to realize the importance of having adequate health insurance.
Amit Chabbra, health business head, Policybazaar.com, said the adoption of health insurance has seen a significant jump ever since the lockdown