57% of women purchased policy in last one year: Survey

NEW DELHI: Women have been amongst worst affected by the coronavirus pandemic, given fast and sudden modifications in work life and at dwelling. They have, nonetheless, displayed distinctive resilience by means of most of the previous year.

As per a survey performed by Reliance General Insurance, which commissioned by analysis company Nielsen, in February, there was constructive change amongst women in the direction of medical insurance following the pandemic, with many well being insurance policies as most well-liked monetary merchandise to guard themselves towards any medical emergencies.

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The on-line survey took responses from 547 women throughout tier-I, II and III cities in the age group of 21-45.

The high set off for women to purchase medical insurance was to safeguard towards instant medical expense.

In a big discovering, the survey mentioned that 98% of women imagine that there must be extra women health-centric add-ons in polices, comparable to menstruation/hormonal points, PCOD therapy, psychological sickness associated to postpartum syndrome and therapy for osteoporosis.

Some of the opposite main findings from the survey:

Financial safety in case of medical emergencies is the second most necessary precedence amongst females (54%) adopted by monetary safety for household (60%).

Financial safety in case of medical emergencies is necessary in females throughout age teams (21-35 years & 36-45 years) and for each single and married.

75% of the women lined had medical insurance.

Six of 10 women had particular person insurance policies.

More than half (57%) of the insurance policies had been purchased through the last one year, with three of 4 with 15 lakh protection.

43% of women had been concerned in choice making for medical insurance.

As per the report, protection quantity, community hospitals and declare funds are high standards whereas deciding on a medical insurance supplier.

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