News From Press Interest for term and health insurance nears all-time highs, post COVID

Interest for term and health insurance nears all-time highs, post COVID

Source: Mint Jul 14, 2020

Google trends indicate a steep rise in interest for term and health insurance to near all-time high levels, says a report by HDFC Securities. Searches have been high from Haryana, Maharashtra, and Karnataka. We also observe increased interest in HDFC Life and SBI Life as companies. The report adds that a study of past pandemics such as SARS (CY 2002-04), and MERS (CY 2013-14) demonstrates increased insurance sales of health insurance during the pandemics and life insurance post the pandemics.

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