Tata AIG General Insurance Company Limited is leading the “StateInsurance Plan” initiative in Nagaland, aiming to increase insurance penetration and awareness through the IRDAI’s initiative. The penetration and protection gaps in health insurance are primarily due to lower insurance awareness among the masses and lack of accessibility of distribution networks of insurance companies.
The Government of Nagaland is addressing underinsurance and lack of awareness by offering group health insurance solutions for citizens. These solutions provide financial assistance for hospitalization and reduce out-of-pocket expenses. Tata AIG General Insurance Company Limited emphasizes evaluating the purchasing power of the masses when choosing health insurance policies. Nagaland citizens are encouraged to enroll in government health insurance policies to protect themselves and their families from unforeseen healthcare costs.
Tata AIG General Insurance Co. Ltd. CEO and MD Neelesh Garg praised the government’s commitment to raising awareness about insurance in Nagaland. He states, “We will be rolling out several local initiatives to help educate people about the importance of insurance and how the insurance purchase and claims processes are simpler, faster, and customised to meet people’s needs.”
