News From Press 70% choose health as a reason for buying health insurance over tax savings; ICICI Lombard study

70% choose health as a reason for buying health insurance over tax savings; ICICI Lombard study

Source: ET Feb 17, 2024

A recent study of health insurance trends show that 70% of people buy health insurance not for tax purposes and ‘Cashless Claim' is the top reason to buy health insurance, followed by the protection of savings and managing inflating medical costs.

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