Health insurance renewals in the country have reached record-high persistency levels in FY26, driven by the rise of modular, cost-effective, and high-cover policies, according to a report by Policybazaar. The report noted that the last two years have seen a significant increase in consumer-friendly, modular health plans that offer long-term value. These plans now cater to diverse segments based on age, city tier, and pre-existing conditions, making health insurance more accessible to a wider audience.

It stated "Health insurance renewals touching all-time high persistency in FY26; Modular, cost-effective and high-cover policies drive surge"

The report highlighted that the surge in renewals is largely due to new-generation modular plans featuring cumulative bonuses and other new-age benef

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