THE Economic TIVES Ae) SHOULD YOU BUY wea rE are Are you satisfied? One of two policyholders is not happy with his health plan. High renewal premiums and partial claim settlements are major worries. Find out what you can do about it. ®. 2a , ry \ h { f » 4 \ Save elders Don't invest in : Find out how to Is your financial from digital funds based on lower your Ioan behaviour hurting crimes costs alone burden your child? P5 P6 P7 P10 WE HELP YOU CHOOSE THE BESI orycover ‘ByPreeti Kulkarni | | nota nappy wt Annie Ud NM LC Tee One of two policyholders is not happy with his health plan. High renewal premiums CU eer Ln oe Senn am Ings vhiehshowwinespren discontent atmyepoderbes andsugested HIGH DISSATISFACTION ‘edith ter piste large ‘ore innres Teh thease Fedele Thoin bnane blr ponies thei helt Dulles mootreqaenty Theses ‘imeem ascerainingtbir inser "eputton bate uring tbpalcy rere tettoreeemparedts thos whore ‘ugh pics er pu. ‘String ay proper tend sfiavingitainernediaresrlndy ‘enngdocumentwillase yous werd SysPrasunsihdue Man CEO.Clena thse pres asere ols ue pt ace wth ven our ‘olenetsmfindwstnansaeprtothe on half the Dissatisfaction levels rise with age pol not satisfied 4 e ~~ Near deutaion Soe A srr canmeriae ss! ABs 52, 42% 52x Sax 67x Aisease-wise capping Not satisfied Satisfied years, years ‘years ‘and aboveOna0-5scale, 9.6% how satisfied . are you with your insurer? Two ost of theee respondents nave "ated the insuarce Caungany average or below averase-tecor 26.5% Tess Just aot 10% a 4 totaly hapoy with their Insure, Bought policy based onagent’s advice Ea: ass than 40% of those who heeded an agents advice to purtase De Dolly are sels with te paces features be careful ntermediones maybe guided by commissions rather ‘han your reavirerents Bought policy based on mabe x IngtpereseyeSanjy Data Chet, Fete A til chk ater You Soudonotendpettnananitabecors, HIGHER RENEWAL PREMIUMS Yelatofplebolder erate Tike Inne rom eral I ‘ur proet rservin Wi aera tngaatarsanecu he Perindily ath natn, spe RegunteryamiDeriopmest rt ‘indinaelsid cam bedoding—a Dracicewtererecial emis pol ‘hes wo boda lalate pe Allowed thikepremiums bsedonther ‘lmerpersmseter apart erie ‘rage sowp.oroadustr ination 14.7% 2 36.4% 3 Bought policy based oninsurer reputation 579% 42.1% wore sore Sateed wot sais RO Bouse bales Beseden the nsrers| ‘eputation are sais, ’ ‘ommparee ‘othose ‘ho went Dyagens! ave low premium tty de wor Gicyecins cer em Brite te Soraltect icon ‘weapon, hopolntreat Typically, che Inet ina sighs merge routes that seen pelea icy prota hn when heer Senisodlandthepaey they tee {eyoetthrelatora stokes he ‘nner part pateyoatrsstautot ‘center rags ead ‘rembartetisanfranas enon, seysDatin ‘an rns se moves emt 95 {ucbraciotos>-oracat whienatrats Aighr ena When sou abeaa fctelincine abo tan cover “ary Not satisfied with claim settlement process es) 63.5% z vyeats 58.3% 69.2, 44.8% 4659 60°64 65 yoarsand years, years, above Dissatincaton is reatively ower in the 65 and above age bracket This could Dbebecause the people inthis age grup are better aware ofthe various policy icksons and resretion, Claim settlement experience of those who bought policybasedon 58.3% cashless facility While castes hospitalisation é a much sought after fact, it has nt made the am process any beter fr mas respandets Claim settlement aoe icy based on reputation Ca Se 55.8% Nets 442% ‘tes A malty of the people who bought thi policios bare onthe insurer’ reputation nave had unsatisfactory claim setement experiences, Why people are dissatisfied with their claim settlement process Sovomon comeing << 41.5% ees demand for dacuneres ene roses <= 1.5% ea) nla ete arta ir stenet ovaries eens Reasons for 23.7% daimrejection, o===, An overwhelming umber of aims ave bon ejected Detase they Tel Inthe excisions cateany. This Sean stresses te eed for beter Carsmureation ane (eater awareness a Sosat Partial claim settlement tas teen poieyoiers top wievance. Inter, eed to improve thelr ‘ommuniation se Dolicuyers need to Ucerstand te soles 64.4% terms ard conations ‘v0 disaoportent 36.4% 703% Stee oxen ecietews Saas 1