Explained: How the new ‘Accelerated EMI’ feature works in health insurance
Health insurance buyers in India are being offered the option to pay premiums through Equated Monthly Instalments (EMIs) instead of making a large upfront payment. Alongside standard EMI structures, some insurers and distributors are now introducing what is being called “Accelerated EMI” for multi-year health insurance policies. The following details are based on information shared…
