LIC crosses one-million mark in health insurance coverage

LIC cumulative lives covered under your health insurance segment has crossed one million mark.

"The major drivers of increased health and life, a benefit health insurance product was launched last year," Ms. Renu Jain, head, health insurance business, LIC, told Business Line here on Friday.

5.44 lakh was more than the total number of policies. 1,004,525 covered lives were cumulative, the premium was Rs 395 crore. Life, health policy alone, seven months after its launch first premium of Rs 63 crore was brought, Ms. Jain said.

LIC already healthy life was 1.84 million policies sold so far, she said.
Attention

Efforts to promote the market for sale to others for their own health insurance for employees and agents are additional.





LIC for plan benefits is expected to take advantage of rising customer preference.

Health insurance market trends "amazing" Ms. Jain said, adding that the compound annual growth rate over the past few years there were 42 per cent.



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