- As of 2016, the life expectancy at birth stood at 68.7 years for males and 70.2 years for females. The global average stands at 70 and 75 years, respectively.
- Non-communicable diseases claimed approximately 61% of the total deaths which occurred in India in 2017.
- Around 224 million people suffer from hypertension in India as of 2017.
- Approximately 73 million Indians suffer from type 2 diabetes, which can lead to various medical complications. This number is expected to witness a staggering growth to 134 million by 2025.
The healthcare market in India is estimated to be valued at US$ 372 billion by 2022, reflecting the rate at which medical charges are expected to increase in the country.
These staggering figures, coupled with rising medical expenses, demonstrate the importance of health insurance policies in India. These policies offer comprehensive coverage of healthcare expenses against periodic premium payments made by the policyholders.