Health Policies of Life insurance co's collectRs 100 crores

We have the first data available on the health insurance policies premium collected by Life insurance co's and this figure is Rs 100 crores.This figure is small but we know that these products were introduced by most of insurance co's during this year only.

We are familiar with inflation figure which is released by govenment agencies from time to time .First figure which has become available for inflation in health care is 17%.This means that if you wish to maintain the coverage of your health care then at the time of policy renewal you should increase it by 20%.That makes sense.

In the event of no claim being made during the year the cumulative bonus of 5% increase being given by your insurance co is not at all sufficient.Choice is yours.