Navi General Insurance has introduced an option for customers to purchase health insurance on equated monthly installments (EMI), instead of paying an annual premium upfront.
The company said that its option to pay monthly EMIs for health insurance will make it more affordable and simpler to purchase.
Customers can purchase health insurance at monthly installments of as low as Rs 240 per month, the company said in a statement.
“With ever-rising medical and healthcare costs, Navi’s subscription-based option for buying health insurance will help to make this important insurance cover more affordable and more accessible to many more customers”, said Ramchandra Pandit, MD & CEO, Navi General Insurance.