Demand for health insurance in India shot up by 321% post-COVID, with Star Health, Max Bupa, Aditya Birla, HDFC Ergo, and Acko dominating the leading five searched and sought-after insurance brands, according to the latest Just Dial Consumer Insights released recently.
The report suggests that while searches during the April-May-June’22 quarter shot up three times year-on-year (YoY), the quarter-on-quarter (QoQ) growth was at 252% with Tier-I cities dominating almost 61% of the demand for health insurance.
Delhi, Bengaluru and Mumbai were the three leading Tier-I cities with maximum demand for health insurance. Among Tier-II cities, Coimbatore, Chandigarh and Jaipur were the leading three with maximum demand for brands like Star Health, Max Bupa, Aditya Birla, HDFC Ergo and Acko.