BW Businessworld
Health insurance is a must as it provides financial security during unforeseen circumstances: Amar Joshi, SBI General Insurance,
In an interview with BW Businessworld, Amar Joshi, Chief Business Officer, SBI General Insurance, talks
Photo Credit :
1. How has the COVID 19 pandemic impacted the General Insurance ecosystem in India, broadly speaking? Have you witnessed an increased interest in Health Insurance products?
Covid-19 is an unprecedented event and has affected many industry sectors. The overall economy had also seen a degrowth in Q1 FY21, however, a positive sign has been witnessed since June. The outlook for the GI industry is now positive as we are on the road to recovery and the indicator is the positive growth rate of 1.57% in H1FY21.
However, the association has restricted the submission of complaint only by online mode. All details, including a copy of bills and discharge summary, should be submitted online. Patients would be charged a complaint processing charge of Rs 1,000.