Thursday, March 10, 2016

Eighty Percent of All Health Insurance Policies were Renewed in Financial Year 2014-15

As Per IRDAI (Regulatory and Development Authority of India) – In Financial Year 2014-15, 74.79 lakh health policy were renewed but now 92.67 lakh is remaining for renew.  The renewed health insurance policies are 80% of all health policies.
The press statement issued by the ministry of health and family welfare states that there may be various extraneous factors that may prompt the policy holders for not renewing the policies like affordability to continue the remittances of the premium. Read More: Times of India

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