80% annual increase in maternity health insurance demand in India due to rising costs and later motherhood age.
Rising costs in India drive demand for maternity health insurance, with sales increasing 80% annually. Around 12% of health policies include maternity benefits, and the average cost varies between Rs 50,000 and Rs 3 lakh. Women are opting for motherhood at a later age, causing an increase in complications during pregnancies. As a result, more people are seeking maternity benefits in their health insurance policies.
May 10, 2024
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