‘Claims’ top reason for not buying cover: Max Bupa survey

Elderly better prepared than millennials, reveals a Max Bupa Walk for Health Survey 2017 conducted in Delhi, Mumbai, Bengaluru and Jaipur. The survey was conducted in Delhi, Mumbai, Bengaluru and Jaipur among 1,200+ people between 22 to 60 years.

1.Do you own health insurance?

Yes: 71%
No: 29%


2. What type of cover do you have?

Individual : 36%
Family floater : 40%
Both : 24%


3. Is your health cover adequate?

Elderly
Yes : 91% No: 9%

Millennials
Yes : 86% No: 14%


4. What was the reason for not buying health insurance?

Difficult to get money in case of a claim : 26%
Policy terms and conditions not clear : 26%
High premium : 24%
Had to make other investments : 24%
No return on money : 22%
Poor service from company : 22%

Source: Max Bupa: Walk for Health Survey 2017. All figures are in percentage. Figures may not add up to 100 due to multiple responses.