Aimed at providing treatment-specific insurance cover, private insurance major, Bajaj Allianz General Insurance Company has
launched a new health insurance policy named 'Surgical Protection Plan', which
provides insurance cover only for surgical treatments.
Bajaj Allianz's new offering assures a guaranteed benefit amount depending on surgical treatment that is graded based on the costs and covers around 600 surgeries.
“Since cost related to surgeries form a major part of medical expenses, a common man's biggest requirement is to cover these expenses. Our new product covers surgeries at a very reasonable cost and we hope to get a sound response for this product," said Mr. Tapan Singhel, MD & CEO, Bajaj Allianz General Insurance.
According to the company's statement, Surgical Protection Plan offers 11 plans with sums insured ranging from Rs. 1 lac to Rs. 10 lac, which can also be opted for, in addition to the hospitalisation policy or any other health policy.
It also provides add-on covers such as hospital cash, critical illness and personal accident cover.
Bajaj Allianz General Insurance Company Limited is a joint venture between Bajaj Finserv Limited (formerly part of Bajaj Auto Limited) and Allianz SE.
Bajaj Allianz's new offering assures a guaranteed benefit amount depending on surgical treatment that is graded based on the costs and covers around 600 surgeries.
“Since cost related to surgeries form a major part of medical expenses, a common man's biggest requirement is to cover these expenses. Our new product covers surgeries at a very reasonable cost and we hope to get a sound response for this product," said Mr. Tapan Singhel, MD & CEO, Bajaj Allianz General Insurance.
According to the company's statement, Surgical Protection Plan offers 11 plans with sums insured ranging from Rs. 1 lac to Rs. 10 lac, which can also be opted for, in addition to the hospitalisation policy or any other health policy.
It also provides add-on covers such as hospital cash, critical illness and personal accident cover.
Bajaj Allianz General Insurance Company Limited is a joint venture between Bajaj Finserv Limited (formerly part of Bajaj Auto Limited) and Allianz SE.
Source: http://www.insuringindia.com
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