For years, people were forced to buy pre-packaged plans loaded with features they never asked for and would never use, and pay for all of it. The shift to modular plans fixes exactly that. A leaner base, a deeper optional layer, and the freedom to build coverage around your life, not someone else's template.
Our founder Mahavir Chopra (
@themahavir ) spoke to ET Prime on exactly this. As he puts it, from a price perspective, modular plans are a valid way of keeping the premium low because the pre-packaged plans are becoming too expensive.
The IRDAI's 2024 Master Circular pushed insurers to offer more tailored options, and the market has responded. Insurers are now offering anywhere between 15 to 25 optional features on top of a base plan, covering everything from maternity and OPD expenses to reduced waiting periods and consumables.
You pick what is relevant. You skip what is not.
This is what responsible coverage should look like.
Tap the link below to read the full ET Prime article and understand how modular health insurance works and how to use it to your advantage.
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