Title: PERFORMANCE AND GROWTH OF HEALTH INSURANCE PRODUCT POLICY HOLDERS IN KRISHNAGIRI DISTRICT – AN OVERVIEW
Abstract: India is one of the very fastest growing counties in the world and also depends upon a federal government. Insurance sector is providing many schemes to contribute all the income level people to live safe and getting some benefits but not yet reached all the areas like semi urban and rural areas. That is reason beyond that insurance sector to extent branches all over India to providing offer life insurance and non-life insurance. Besides that many developed countries people to give the preference and using health insurance. In this respect, Insurance Regulatory and Development Authority of India to issued Health insurance product. Therefore, health insurance product is now emerging as a tool to manage financial needs of people to seek health services. Today, various health insurance schemes are available in the market and providing benefits from an individual to an entire family. During the year 2016-17, the gross health insurance premium collected by non-life insurance companies was more than 17,495Crore. Therefore it is necessary for people to understand the cost and benefits of health insurance. In India, the number of people covered under health insurance is less as compared to developed countries. And also insurance sector to give wide campaign like awareness programmes and basic literacy level in rural and semi urban areas. To protect the interests of the policyholders, to regulate, promote and ensure orderly growth of the insurance industry and for matters connected therewith or incidental thereto. In this way, this paper is analysed with the performance and growth of health insurance policy holders in India.
Publication Year: 2018
Publication Date: 2018-02-01
Language: en
Type: article
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