‘Claims’ top reason for not buying cover: Max Bupa survey
ET Bureau|
Apr 10, 2017, 06.30 AM IST
Elderly better prepared than millennials, reveals a Max Bupa Walk for Health Survey 2017 conducted in Delhi, Mumbai, Bengaluru and Jaipur. The survey was conducted in Delhi, Mumbai, Bengaluru and Jaipur among 1,200+ people between 22 to 60 years.
1.Do you own health insurance?
Yes: 71%
No: 29%
2. What type of cover do you have?
Individual : 36%
Family floater : 40%
Both : 24%
3. Is your health cover adequate?
Elderly
Yes : 91%
No: 9%
Millennials
Yes : 86%
No: 14%
4. What was the reason for not buying health insurance?
Difficult to get money in case of a claim : 26%
Policy terms and conditions not clear : 26%
High premium : 24%
Had to make other investments : 24%
No return on money : 22%
Poor service from company : 22%
Source : Max Bupa: Walk for Health Survey 2017. All figures are in percentage. Figures may not add up to 100 due to multiple responses.
1.Do you own health insurance?
Yes: 71%
No: 29%
2. What type of cover do you have?
Individual : 36%
Family floater : 40%
Both : 24%
3. Is your health cover adequate?
Elderly
Yes : 91%
No: 9%
Millennials
Yes : 86%
No: 14%
4. What was the reason for not buying health insurance?
Difficult to get money in case of a claim : 26%
Policy terms and conditions not clear : 26%
High premium : 24%
Had to make other investments : 24%
No return on money : 22%
Poor service from company : 22%
Source : Max Bupa: Walk for Health Survey 2017. All figures are in percentage. Figures may not add up to 100 due to multiple responses.