₹20 lakh health insurance cover for a 30 year old may cost around ₹13,000 for one year. Most individuals delay their decision to buy a health insurance policy as they do not want to shed out this sum in one go.
Here's a solution. A new digital health and wellness market place, Vital is offering monthly subscription plan for health insurance just like you pay your monthly EMIs or pay for your Netflix subscription on a monthly basis.Vital has created monthly subscription plans from scratch, which are not linked to a credit card. "While life insurance companies allow to pay premiums on a monthly, quarterly or yearly basis, health insurance offers yearly model for premium payment.