IndiaFirst Initiate Money Back Health Insurance Plan
Sign in

IndiaFirst initiate Money Back Health Insurance Plan

Indiafirst life insurance company, a joint venture between Bank of Baroda and Andhra Bank, in collaboration with the British Legal & General, announced its foray into the health insurance market with the launch Back in India Plan First money insurance. The announcement was made by Dr. P. Nandagopal, CEO and general manager, Indiafirst life insurance company, at a press conference Wednesday.

"The unique proposition of this plan is that it provides comprehensive health insurance for the whole family with the flexibility of investment to create wealth by investing in different funds under one system," Dr Nandagopal said.

A significant portion of the premium you pay is actually credited to your policy, account, and this money is invested in different funds to your choice to get the best return. This money accumulates in your account and get back to you, the end of politics. What's more, you can also use this amount at any time if you need to cover the hospital expenses that exceed the limits of insurance, or pay for this policy.

The stress of modern times, eating habits, lifestyle and all the family calm conditions severely damage our health. Most of us are unaware of the health insurance, we do not want to incur premium costs when we get nothing in return, except when there is a serious health problem.

"Customers are better off saving for health, in terms of long-term health are better than short-term, customers want better service - these are the three fundamental ideas upon which we build the money back IndiaFirst health insurance plan, "Dr Nandagopal said.

Distinguishing Speaking of the key product, he added, "the money for the health insurance plan is the most convenient for use in case of complaints. Not only has broken more than 4956 network hospitals, you simply swipe the card health insurance as you make a credit card, and our call center will be immediately accepted for payment after verification of eligibility. This is the first of its kind offered in India and is the nicest customers in case of emergency. "

The plan is a long-term plan for 5 or 10 years and offers tax benefits of double section 80D and 80C, under current tax law. It offers the opportunity of treatment without cash, coverage of 195 day care procedures, reimbursement of medical expenses for 30 days before and 60 days after hospitalization, coverage for the whole family (wife, two sons, two fathers dependents) in the same plane.

Source: [ET]

start_blog_img