Care Health Insurance is the new name of Religare Health Insurance

Gurgaon headquartered, Religare Health Insurance got a new name “Care Health Insurance”. Religare Enterprises Limited is the umbrella organization of the group, which provides services like SME finance, Affordable Housing Finance, Retail Broking, and Health Insurance.

Health Insurance Companies in India

There are several health insurance companies in India. Such insurance companies need approval by the Insurance Regulatory and Development Authority of India to conduct its operations.

Pandemic and Healthcare industry

Amid the COVID-19, the customer mindset to cover health issues under insurance protection has been changed. More shifting towards protective investment for healthcare has noticed. The health insurance industry is facing many challenges regarding the prediction of healthcare expenses in the pandemic condition.

IRDAI

Insurance Regulatory and Development Authority is an apex statutory body that regulates and develops the insurance industry in India. It was established as per the provisions of the Insurance Regulatory and Development Authority Act, 1999. It is headquartered at Hyderabad.

Month: Current Affairs - August, 2020