Insurance Industry | Centre for Science and Environment

Insurance Industry


Run from cover

Health insurance companies pursue customers till policies are sold. Then they disappear. The nature of business has already changed the treatment mechanism. A market awaits capture. Without stringent regulation, where is the industry headed?

by Vibha Varshney

Saif Siddiqui spent a little under Rs 14,000 on his appendicitis operation three years ago. The 35-year-old dentist from Bhubaneswar relied on an insurance cover for his family from Reliance General Insurance Company Ltd. He paid Rs 5,184 as premium for the policy.

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