Page 50 - Insurance Times January 2024
P. 50
NEW PRODUCTS
New Product Launches
Reliance General Insurance introduces insurance. Our commitment is to provide unwavering
support and access to global healthcare excellence, ensuring
Reliance Health Global the utmost peace of mind for our valued customers."
Reliance General Insurance Company introduced Reliance
Health Global", a healthcare policy aimed at providing The scheme offers extensive support by including coverage
Indians with access to global healthcare. This policy offers for both pre and post-hospitalization, arranging for second
comprehensive coverage not only within India but extends opinion and accidental rehabilitation. This underscores the
its protective reach worldwide. It ensures a seamless companys dedication to being a reliable companion
experience for individuals accustomed to a global lifestyle, throughout every phase of the policyholder's healthcare
catering to those who seek access to top-notch healthcare journey. With comprehensive benefits that span from air
services and infrastructure across the globe. ambulance services to covering organ donor expenses and
without any limitations on room rent, health insurance
The health insurance scheme boasts a range of unmatched customers have a lot to benefit from.
features, reshaping the health insurance landscape. In
addition to its extensive coverage for international Niva Bupa Health Insurance Launches
treatments, encompassing critical conditions such as cancer
and bypass surgery, this policy distinguishes itself through 'Aspire' Tailored for Young India
outstanding coverage within the country. With an unlimited Niva Bupa Health Insurance Company Limited (Formerly
sum insured domestically, it revolutionizes the concept of known as Max Bupa Health Insurance Company Limited)
health insurance, providing unparalleled security and peace one of Indias leading standalone health insurers, has
of mind for policyholders. introduced its latest product, Aspire focusing on Gen Z and
millennials. Addressing the unique needs and aspirations of
Aside from covering scheduled hospitalization, the policy the Gen Z and millennial segment, this product has a
includes provisions for travel, accommodation, and forward-thinking approach to health insurance.
comprehensive Visa and assistance services, addressing
unforeseen situations like lost passport or emergency cash According to the last (fifth) edition of the National Family
needs. What distinguishes this policy is its substantial sum- Health Survey (NFHS-5), the data of which pertains to the
insured coverage, reaching up to $ 1 million, providing a period between 2019-21, only 30 percent of women aged
strong sense of security for individuals seeking medical 15-49 and 33 percent of men in the age group were covered
treatment abroad. by health insurance or a health scheme. While several
government initiatives as well as steps taken by private
Rakesh Jain, CEO, Reliance General Insurance, expressed insurers are working towards ensuring adequate health
enthusiasm about the launch, stating Reliance Health coverage to the larger population of the country, this
Global, is a revolutionary healthcare policy that transcends segment of our population whom we typically qualify as
borders. As India globalizes and a lot of Indians keep Young Indians is still largely not covered by health
travelling abroad for work or leisure, it is imperative to insurance. Youngsters today are conscious of their health and
remove the pain of buying multiple policies separately for invest their time, money, and energy to stay fit and in shape.
India and overseas. With its distinctive feature of unlimited However, when it comes to health insurance purchases to
sum insured domestically and robust sum insured up to $1 secure their health as well as finances in case of a medical
million globally, we aim to set new standards in health emergency, they dont feel the pressing need to do so while
The Insurance Times January 2024 45
