Post-COVID demand for health insurance in India shoots up by 321%: report – The Hindu

Demand for health insurance in India shot up by 321% post-COVID, with Star Health, Max Bupa, Aditya Birla, HDFC Ergo, and Acko dominating the leading five searched and sought-after insurance brands, according to the latest Just Dial Consumer Insights released recently.

The report suggests that while searches during the April-May-June’22 quarter shot up three times year-on-year (YoY), the quarter-on-quarter (QoQ) growth was at 252% with Tier-I cities dominating almost 61% of the demand for health insurance.

Delhi, Bengaluru and Mumbai were the three leading Tier-I cities with maximum demand for health insurance. Among Tier-II cities, Coimbatore, Chandigarh and Jaipur were the leading three with maximum demand for brands like Star Health, Max Bupa, Aditya Birla, HDFC Ergo and Acko.

Besides health insurance, demand for international travel insurance also saw a significant surge of 44% QoQ, riding on the wave of international travel boom by Indian travellers. The most sought-after…

Read Full Story: https://www.thehindu.com/news/national/post-covid-demand-for-health-insurance-in-india-shoots-up-by-321-report/article65639051.ece

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