Of all the people I interact with, I find that the more educated and well-to-do group is highly conscious of their health insurance needs. This cross-section of people have seen and read about tens of cases where families have gone bankrupt or under a huge pile of debt due to health issues. So, they seek to cover themselves adequately. The insurance industry also indulges this group. From offering sum insured of up to ₹1 crore to covering treatments abroad, high networth individuals (HNIs) have a lot to choose from. However, the rights of such policyholders need better protection.
