Friday, Apr 26 2024 | Time 04:03 Hrs(IST)
image
Business EconomyPosted at: May 27 2022 10:50PM


Reliance introduces power of choice in health insurance with Reliance Health Gain

Mumbai, May 27 (UNI) Reliance General Insurance Company Ltd (RGICL), one of the country's leading Private General Insurance Companies, on Friday launched the most flexible and customisable health insurance policy - Reliance Health Gain.
As per a company statement issued here, the policy offers customers an opportunity to design their health insurance policy by choosing features as per their need and paying only for what they choose. RGICL has brought out three different plans - Plus, Power and Prime – and an array of features to facilitate customisation of policy for each customer.
With this launch, Reliance General aims to address the evolving and unique medical needs of modern-day customers of all age groups.
Reliance Health Gain comes loaded with 38 industry leading features like Double Cover that provides twice the
the amount of sum-insured to be used during same claim; Unlimited reinstatement to restore the base sum insured amount as many times as it gets exhausted during a policy year; Guaranteed Cumulative Bonus,
that protects loss of cumulative bonus post claim; or the benefit to reduce Pre-Existing disease waiting
period from three years to two or even one year.
With many more such benefits, the product has been designed, keeping in mind the modern health-insurance consumer.
Excited about the launch, Rakesh Jain, the Chief Executive Officer, RGICL said, "Consideration towards health insurance has seen a rapid surge as an aftermath of the pandemic, people are more aware about modern treatments and rising healthcare costs. But choosing the right insurance cover is still a problem most customers face.
"With the Reliance Health Gain Policy, we want to give customers the 'Power of Choice,' so that they can design their health insurance as per their needs. We are positive that Reliance Health Gain Policy will empower customers with choices and help them take control over their health insurance policies. 'Make your own policy' is a futuristic model as it is aimed to bring greater transparency and enhance trust," he added.
The statement said whether aspirer, affluent or elite - this specially designed policy offers wide range of sum-insured options from Rs three lakh to Rs one crore creating an appeal for all-income groups.
Customers between the age of 18 to 65 years have the options to pick and choose any features at any sum-insured. Besides, there is no age limit in this policy for a sum-insured of up to Rs three lakh. Hence, senior citizens who are sometimes devoid of a medical policy, can easily opt for Health Gain for protection.
Additionally, the policy offers a unique feature, wherein a customer can cover a family of up to 12, including extended family members like father-in-law/mother-in-law in the same family floater policy, enabling joint families/Hindu Undivided Families (HUF) to opt for a floater policy that fits all in the family.
The policy has further introduced unique discounts like rewarding healthy customers under 50 years i.e.,
without any pre-existing condition, with a 15% discount on premium for buying a long term 2/3-year policy.
Promoting their support towards young women, customers can also avail a five per cent discount for insuring girl child or if the proposer is female. Reliance Health Gain Policy also comes with a Zone-wise pricing model
to ensure that customers pay premiums only as per the average medical cost of the city/town they live in.
The policy plan is built in a way that gives customer's independence to choose what they want, and pay for
only what they choose, thus redefining a new way of buying health insurance in the country and making it
extremely cost-effective for masses.
The Reliance Health Gain policy can be bought for one, two or three years policy tenure from the company's website (www.reliancegeneral.co.in), 67000 intermediaries and 128 branch office across the country, it added.
UNI RJ
Please log in to get detailed story.
Tags: #Reliance introduces power of choice in health insurance with Reliance Health Gain
More News

Arun Alagappan appointed as Executive Chairman of Coromandel International

25 Apr 2024 | 7:41 PM

Hyderabad, April 25 (UNI) Arun Alagappan has been appointed as Executive Chairman of Coromandel International Limited (CIL).

see more..

Tech Mahindra net at Rs 661 crore in Q4; Company gives dividend of Rs 28 per share

25 Apr 2024 | 7:28 PM

New Delhi, April 25 (UNI) Mahindra Group company Tech Mahindra, a technology consulting and digital solutions provider, on Thursday reported about 41 per cent decline in net profit at Rs 661 crore year-on-year basis for the fourth quarter ended March 31, 2024.

see more..

Kottayam-Kochi Rubber Market Rates

25 Apr 2024 | 7:26 PM

Kottayam, April 25 (UNI) Following were the Rubber Market rates announced by the Rubber Board here today per quintal.

see more..
Indusind Bank net up 15 pc in Q4

Indusind Bank net up 15 pc in Q4

25 Apr 2024 | 7:10 PM

New Delhi, April 25 (UNI) Leading private bank Indusind on Thursday reported a 15 percent jump in net profit at Rs 2,349 crore in Q4 of FY 2023–24, compared to Rs 2,043 crore in the same quarter in 2022–23.

see more..

25 Apr 2024 | 6:53 PM

New Delhi, April 25 (UNI) Leading private bank Indusind on Thursday reported 15 percent jump in net profit at Rs 2,349 crore in Q4 of FY 2023-24 compared to Rs 2,043 crore in the same quarter in 2022-23.

see more..
image