Monday, December 30, 2013

Religare Health unveils -'Assure', a critical illness & personal accident plan

Private sector standalone health insurer Religare Health Insurance Company Limited has announced the launch of its new product - 'ASSURE', a Critical Illness and Personal Accident Plan for the retail market customers.

In the company's statement, the President and COO of Religare Health Insurance, Mr. Nitin Jain said, “This is another step towards our core objective of encompassing the entire spectrum of health & allied needs of our evolving customer segment with firm focus on providing hassle-free and quality service."

As per the statement, Assure offers a sum insured of up to Rs. 1 cr, which is the highest among currently available Critical Illness products. This plan also provides annual health check-up for the life insured at no extra cost. 'Zero day survival period', a unique feature of the plan, assures full payout of the sum insured if the life insured succumbs to an ailment without any condition for defined duration of survival, post diagnosis.

The company operates out of 43 offices, servicing more than 8 lac people across more than 300 locations. Religare Health Insurance has been awarded the 'Technology Innovation in Health Insurance Award' at the prestigious 'Indian Insurance Awards - 2013' and the 'Editor's Choice Award' by Finnoviti for 'Innovation in Product- Care'.

Religare Health Insurance is a joint venture between Religare Enterprises, one of India's leading diversified financial services groups; and two state-owned banks, Union Bank of India and Corporation Bank.

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