Health Insurance Among Women growing: Survey

Even as 95% of women are aware of health and fitness, only 74% go for a checkup when they are unwell, according to a recent survey. However, when it comes to health insurance, women are on top of their game ? 47% have medical insurance, 65% said they were fully aware of insurance, and 77% said they knew how to submit a claim, according to a ICICI Lombard survey - Women Health and Insurance.The survey was done among 1,500 housewives, self-employed and working women in the 22-55 year age group from the four metro cities and Bengaluru, Hyderabad, Chandigarh and Lucknow.

It revealed that more women are taking their health and wellness seriously as 35% said they have not fallen ill in the last six months.Claims for top five women related ailments are decreasing year on year, it added. Further, the survey said, there is a change in behaviour towards health insurance amongst women, as 29% surveyed have bought a health insurance policy themselves, which was earlier majorly influenced by fathers and spouses.

This considerable increase can be a result of a gradual increase in the awareness on policy information, as 65% women are aware if their policy details, it said. And from these well-aware customers, 77% can make a claim on their policy, it added.

ICICI Lombard GIC is a joint venture between ICICI Bank and Fairfax Financial Holdings, a Canada-based diversified financial services company engaged in general insurance, reinsurance, insurance claims management and investment management.