Page 52 - The Insurance Times October 2024
P. 52

NEW PRODUCTS



                                                                    New Product



                                                                         Launches









         Star Health and  Policybazaar  Launch                STAR  promises  unmatched  peace  of  mind  while
                                                              democratizing quality long-term healthcare."
         'SUPER  STAR':  A  Modular  Long-term
                                                              The Super Star plan has multiple sum insured options
         Health Insurance Plan                                ranging from ?5 lakhs to ?1 crore and with an unlimited SI

         Star Health and Allied Insurance Company Limited (Star  option too, allowing customers to choose a plan that best
         Health Insurance) and Policybazaar today announced the  suits their requirements. The SUPER STAR plan represents
         launch of 'SUPER STAR', a personalised long-term health  a significant advancement in India's health insurance sector,
         insurance plan which is customer-centric in nature with an  bridging the gap between affordability and comprehensive
         objective of delivering greater customer value. This game  protection.
         changer product is designed to meet the evolving needs of
         policyholders  and  offers  unparalleled flexibility and  Bharti AXA General Insurance launches
         customization. The long-term 5-year policy  term for
         individuals and families alike. The Super Star Insurance plan  24x7 Road Side Assistance
         marks a paradigm shift in the health insurance landscape  Bharti AXA General Insurance has partnered with AXA
         by offering modular coverage that adapts to customers'  Assistance to offer road-side Assistance network across 1500
         needs through different life stages. SUPER STAR is a digital-  locations in 22 states. Bharti AXA General Insurance Road
         only product available through the Policybazaar website and  Side Assistance is an add-on cover that provides support to
         Star Health's online portal here.                    customers at the event of immobilization of a vehicle after
                                                              a breakdown or an accident. Customers can now avail the
         Commenting on the product launch, Mr. Sarbvir Singh, Joint
                                                              benefits of this premium service in a 24x7 multi-lingual
         Group CEO, PB Fintech, said "With healthcare  costs
         escalating, the need for flexible, comprehensive health  support environment through the various tie ups Bharti AXA
         insurance has never been more critical. SUPER STAR meets  General Insurance has with motor service providers.
         that demand by allowing customers to choose coverage that  Currently, this service has over 3175 ASP’s servicing from the
         grows with them, making it a true game changer in the  identified locations. The scope of service includes;
         industry. We're thrilled to partner with Star Health Insurance  a) Repair Services for Minor Breakdowns,
         to make this modular health insurance solution available to  b) Vehicle relocation to the nearest garage in case of
         millions of Indian households, ensuring they have financial  major breakdown,
         protection at every stage of life."                  c)  Changing of Flat tyre,
         Mr. Anand Roy, MD & CEO, Star Health Insurance, stated  d) Assistance in case of Lockout/ lost keys,
         "At Star Health Insurance, we are delighted to partner with  e) Arrangement of emergency fuel in case the vehicle runs
         PolicyBazaar to unveil SUPER STAR—a transformative health  out of fuel,
         insurance solution for India's evolving needs. Fuelled by
         cutting-edge technology and deep sectoral insights, SUPER  f)  Alternative Transport assistance to the nearest safe
         STAR delivers unparalleled flexibility, empowering individuals  location for the passengers of the vehicle.
         to customize their coverage at every pivotal stage of life.  Bharti AXA GI Road Side Assistance offers professional help,
         Setting a new benchmark in personalisation with tailored,  anytime, anywhere within 30 minutes of a breakdown and
         comprehensive health protection that adapts to you, SUPER  all this at Re. 1/ day or Rs 365 (plus taxes) in a year.

                                                                           The Insurance Times  October 2024  47
   47   48   49   50   51   52   53   54   55   56   57