Wednesday, April 16, 2008

Pvt players eye health danger biz

_ Pvt players eye health danger biz Sohini that and Niladri Bhattacharya/Kolkata.January 14, 2008 Private life insurance companies its mulling D idea of venturing into health insurance sector through designing completely, unmarried health insurance policy _. _ given D huge potential in D segment, life insurance companies its mulling too more offer completely on a long-term basis health insurance product, said p Nandagopal, chief main leaders more officer, confidence life insurance. _. _ during medical insurance product its short designation, it maintain that life insurance companies have an edge more over general insurance enterprises into more completely medically guidance a net _. _ a run of inventive customer friendly product of life insurance companies become hit D market in 2-4 month _ D average growth registered industry like a whole more over lastly year, insurance by D, its 15 per cent. _. _ during first-class of D non life segment its at R-S 25,600 crore in 2007, it its estimated to grow over R-S 50,000 crore through 2011-12nd _ nearly 25 million people have its to cover more under health insurance draft, but D reached its still much low, permits Sanjiv Bajaj, connection managing director through, Bajaj Capital. _ “This its only 12-13 per cent from D entire population.” _. _ first-class incomes of D health insurance segment its R-S 3,300 crore, also growth rate of 40 per cent lastly year _ Bajaj said the fact that if D industry become to continue to grow on this rate, it should reach R-S 16,000 crore through 2011. _. _ health insurance be going to be D largest growth segment in D coming year, it state _. _ concerning first-class value, Nandagopal said it are to be competing at equality with D service -. _ “Well, forms sense to flat policy for 5-10 year like it will add more value to it, and to competing a price,” it add _. _ “D main expenditure with consumer of D mediclaim politics its maintain regulation and D renewal price. They fear that as soon as state its submit, D politics become invalidly, therefore long designation a contract its right step ahead a insurance companies,” said Binay increase agar whale, older vice president, life for D, ICICI reasonably life insurance. _. _ According to it, on a long-term basis politics its much more practical for D people over 40 like D danger of covering with age. _. _ “this politics its kind from long-term to guarantee, what become to hold coverage regardless of D age and number of to state,” he add _. _ “life insurance companies not come out with conventionally mediclaim politics, rather it form many more sense to go for product what will include package for on a long-term basis basis, “said gau rank Shah, MD von Kotak Mahindra Old mutually life insurance. _. _ it add that concerning unit D to state and D distribution become its differently by that policy other of D _. _” D current politics use _ such politics that become mostly more cover surgical cover D entirely scale of health aspect, become a require differently to approach together _ D will provoke its up like we to handle this aspect, “Shah add _


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