Boosts life and health cover

Adhil Shetty,  CEO and co-founder BankBazaar:  Rs5 lakh mediclaim amount will create tremendous awareness for medical insurance in the same way as Jan Dhan which ensured every Indian to have a bank account. This will push many more Indian to opt for  medical insurance. 

On life insurance the PM Jeevan Jyoti Bima Yogana including Rs 2 lakh Life cover is being pushed across a larger base which is a great sign. Rs 2 Lac critical cover is also being extended to a larger base."