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.