The Health & Personal Accident Insurance segment has grown at a CAGR of 17.59% over the period 2011-12 to 2020-21.
Health Insurance comprises of around 92% of the segment. Health & Personal Accident has crossed the 60,000 Cr mark for the first time.

Chart 4.5.1GDPI - Health & Accident

Table 4.5.1Health & Accident

2020-21 Value
No. Of Policies 48,124,777
Premium (in Cr) 63,717
No. Of Claims Reported 15,601,297
No. Of Paid Claims 14,372,767
Amt of Paid Claims (in Cr) 46,030
Premium booked in India considered

Source: Council Compilation as per source
data submitted by companies



The Net Incurred Claims ratio has increased, arriving at 90.18% in 2020-21.

The Gross Incurred Claims ratio has decreased to 78.5% for Health industry segment in 2020-21.

Chart 4.5.2Gross & Net Incurred Claims Ratio - Health, Personal Accident & Travel

Source: Council Compilation as per source
data submitted by companies

Chart 4.5.3Rural vs Urban Premium - Health & Accident

Chart 4.5.4Channelwise GDPI - Health & Accident

Source: Council Compilation as per source
data submitted by companies

Chart 4.5.5GDPI Breakup on Categories - Health & Accident

Chart 4.5.6Policies Breakup on Categories - Health & Accident

Source: Council Compilation as per source
data submitted by companies

*Number of policies indicated under Health – Government Schemes are the
number of Master Policies issued and do not represent the number of lives covered