Star, PhonePe launch India’s first monthly payment insurance policy

Star, PhonePe launch India’s first monthly payment insurance policy

Star Health, India’s largest health insurance company, launched India’s first ever insurance policy with a monthly payments option for the premium. Until now, all insurance policies in India come with a yearly payment option. The policy has been launched in tie-up with PhonePe, one of India’s top digital payments app. Customers can buy coverage of up to Rs. 1 crore and pay premiums monthly using PhonePe’s UPI AutoPay feature.Vishal Gupta, CEO of PhonePe Insurance said the move will increase…
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Source: https://www.newindianexpress.com/amp/story/business/2024/Apr/03/star-phonepe-launch-indias-first-monthly-payment-insurance-policy