New Delhi, July 19 -- Expanding insurance reach in the country is no longer the only concern that the sector faces, according to an analysis by CoverSure of policyholders in India. It found that a quieter problem has risen, coverage that exists but no longer fits.

Data from the platform showed that as many as 63% of policyholders who wanted to switch to a better health plan couldn't do so due to certain factors. Further, even among those without barriers, close to half remain on basic and non-comprehensive plans despite being fully eligible to upgrade.

Further, a majority of policyholders aged 50 and above carry inadequate coverage of less than Rs.5 lakh. The emerging challenge is thus not whether people are purchasing insurance, but wh...