News From Press PhonePe launches health insurance platform that allows monthly premium payments

PhonePe launches health insurance platform that allows monthly premium payments

Source: ET Jul 19, 2023

PhonePe Insurance Broking Services on Tuesday announced the launch of health insurance plans that will for the first time in India offer monthly subscriptions, a move that can reduce the burden of one-time payments for the citizens amid price pressures.

The health insurance plans, in partnership with leading insurers, are introducing UPI monthly mode of payment, the company said in a statement.

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