Page 14 - The Insurance Times May 2021
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below 35 years feels that they are  policy, one can get "zyada" from their  For example, the COVID-19 Insurance
         immune to health and medical risks  health insurance. At ABHI, we have  plan offers coverage in the range of Rs.
         because of age being in their favour.  constantly taken efforts to evolve with  50,000 to Rs. 2 lakh, for affordable
         Similarly, a sizable number of people  the growing health and wellness needs  premiums starting from Rs. 952.
         suffering from lifestyle-related diseases  and to provide truly comprehensive  Similarly, Infection Cover offers coverage
         like asthma, diabetes, cholesterol, etc.,  protection to our customers and so  of up to Rs. 50,000, at a nominal
         are yet to invest in adequate health  "#ABHIKaro."                    premium of only Rs. 79 per annum.
         insurance coverage.                                                   Another example is the Hospital Cash
                                            Bajaj Finserv adds 100+
         ABHI in Hindi means 'now' and                                         Cover plan, which takes care of daily
         #ABHIKaro is a witty take on the brand  health plans under Pocket     expenses while the insured undergoes
         name 'Aditya Birla Health Insurance'                                  treatment at the hospital. One can opt
         acronym. The phrase 'ABHI Karo' is  Insurance & Subscriptions         for this plan by paying a premium of
         used to create a sense of urgency to  Bajaj Finance Limited has recently  just Rs. 549, and receive Rs. 1,000 per
         choose Aditya Birla Health Insurance  added 100+ types of affordable health  day for 30 days to cover hospital
         without procrastinating, to access  plans under its Pocket Insurance &  expenses.
         quality health care services.      Subscriptions category.
                                                                               Easy application and claim
         Commenting about the campaign, Ajay  In the backdrop of a turbulent   process
         Kakar, Chief Marketing Officer, Aditya  economy dealing with job cuts, salary  Those looking to buy these health plans
         Birla Capital, stated, "The phrase  reductions and loss of income,    can do so, from the comfort of their
         'ABHI kya kar raha hai?' is multi-  households across the country are  homes. One can fill the online
         dimensional and very commonly used  reeling under rising costs of healthcare  application form, pay the premium
         in conversations across India. It can be  expenses. Money is a major stumbling  amount through any of multiple
         a way of greeting, an inquiry, a   block in access to quality healthcare  payment options, and instantly
         question, or more. The 'ABHI Karo'  especially when one may not always be  purchase these affordable health
         campaign has used this as a hook to  able to opt for conventional insurance  insurance products, offered by Bajaj
         detail what ABHI i.e.; Aditya Birla  plans. To address the needs of
                                                                               Finserv. Additionally, one can raise a
         Health Insurance is doing for its  individuals seeking easier access to  claim either by sending an email to the
         customers. The word play on the brand  affordable and quality healthcare,  insurer, or by calling on the company's
         name allows for a high recall value and  Bajaj Finance announced the addition  toll-free number.
         incorporates humour while reminding  of 100+ health plans.
         viewers regarding the importance of  Wide range of products           In addition to the health plans, Pocket
         the comprehensive and 'health first'                                  Insurance & Subscriptions also provides
         offerings provided by Aditya Birla  Health Plans listed under Pocket  various subscription memberships &
         Health Insurance"                  Insurance & Subscriptions propose  assistance products for everyday risks
                                            coverage against scenarios that are  and contextual offerings to your
         Mayank Bathwal, CEO, Aditya Birla  typically overlooked by conventional  lifestyle. Some of these products
         Health Insurance, remarked, "The   insurers. Some of the products offered  include Mobile Screen Protection,
         concept of '#ABHIKaro' was derived  under the health category include  Wallet Care, Cycle Cover, Watch
         from the sense of urgency to convince  Dengue Cover, Ambulance Cover, Child  Secure, and Key Safeguard which offer
         people to stop procrastinating and buy  Personal Accident Cover, Medical  protection against the smaller risks of
         health insurance right now and thus  Convalescence, and ICU Cash Cover  one's daily lives.
         '#ABHIKaro'. We want to urge our   among others.
         customers to seek more from health                                    PhonePe sees rising
         insurance - 'Chuno insurance jo de  Affordable premium and higher
         zyada' i.e. to think beyond protection  coverage amount               demand for COVID-19
         from medical expenses and to explore  Considering the instant need for  insurance with increasing
         plans that provide progressive     affordable healthcare plans, and the
         healthcare services along with access  rising costs of medical treatments in cases
         to the wellness ecosystem. With Aditya  India, these products offer high  PhonePe has recently stated that
         Birla Health Insurance's feature-rich  coverage amounts at affordable  Corona Virus insurance has seen
         offerings such as the 'Activ Health'  premiums.                       widespread adoption lately with 75%

          14  The Insurance Times, May 2021
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