09-10-2017 12:58 PM
Why do you feel there was a need to introduce wellness features in health insurance policies?
10-10-2017 11:14 AM
Health Insurance and wellness are closely related and hence, Insurance companies are offering wellness features with Health products primarily because they are favorable for both the insurer as well as the insured. These features help monitor the policyholder’s health and offer tips on healthy habits to lead a healthier lifestyle. This in-turn reduces risk on the insurer’s portfolio since; the policyholders are encouraged to take up healthy habits, thereby creating a win-win situation for both.