health insurance policy and to stay fit.According to a study by Policybazaar.com, over 20% of people who purchased health insurance plans in March and April of last year renewed their policies through wellness points this year.Policyholders are now using their 'wellness points' during health policy renewal to get insurance premium discounts.This tells us how policyholders are slowly and gradually shifting toward a preventive mindset that deviates from traditional health policy offerings.According to the International Data Corporation (IDC), the Indian wearables market has grown 144.3% year on year in 2020.
The quarter from October to December 2020 was the most important in the country for the wearables category, with triple-digit growth,.