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LIC Health Insurance Policy To Earn Big Money
November 21, 2007 at 5:06 PM
Health Insurance News
According to S.V. Mony, secretary general, Life Insurance Council of India, many life insurers are seriously looking at health insurance segment for more business. Experts also point out life insurers would be able to get a good mix of policyholders, both young and middle-aged. On the other hand, non-life insurers mostly get middle-aged or older persons as policyholders, thereby increasing the chances of a claim.
The interest shown by life insurers in selling health insurance products have started worrying non-life players, more so the standalone health insurers like Star Health and Allied Insurance Co Ltd. "It is going to be tough for companies like us," remarked V. Jagannathan, chairman and managing director, Star Health.
However, industry consultants say that non-life insurers can partner with life insurers to increase their market share.
Source-IANS
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More News on: Health Insurance Plan, Third Party Administrators for Health Insurance, Star Health and Allied Insurance, Health Insurance Policies offered by Bajaj Allianz Insurance, ICICI Lombard General Insurance Company Limited, Health Insurance, Health Insurance - Ombudsman, Health Insurance - Basics, New India Assurance Policies, Cholamandalam Health Insurance Policies
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03/25/2009
Intested to take medical policy,for two kids two adults (as family pakage)Need more details.Thank you
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