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Health and term insurance price index rose marginally in Q2CY21: PolicyX

Health and term insurance price index rose marginally in Q2CY21: PolicyX
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How to pick the best life, health insurance plans for yourself against coronavirus

How to pick the best life, health insurance plans for yourself against coronavirus SECTIONS Share Synopsis Do you have the right insurance policies to protect you against Covid-19? If not, how should you fill the gap? Read on to find out how you can pick the right insurance cover . Getty Images Best health and life insurance plans against corona One of the biggest personal finance lessons that many of us have learnt from the novel coronavirus pandemic is the importance of having insurance and having an adequate amount of it. Now, as the second wave of the coronavirus is spreading across the country like wildfire infecting a record number of people on a daily basis, it is time to review your insurance covers – both health and life insurance.

COVID-19 impact: Expect 15% hike in health insurance premium by next quarter

COVID-19 impact: Expect 15% hike in health insurance premium by next quarter While insurance companies have not hiked the premiums on health plans as yet, there are high chances that it may happen soon. Industry players see a hike in 10-15 per cent range in health insurance premiums by next quarter. COVID-19 is also one of the reasons for the expected premium hike The daily surge in COVID-19 cases continues in the country, with India crossing the 2-lakh mark on Thursday. Hospitalisation due to coronavirus, and hence health insurance claims, are also on the rise. While insurance companies have not hiked the premiums on health plans as yet, there are high chances that it may happen soon. Industry players see a hike in 10-15 per cent range in health insurance premiums by next quarter.  

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