Search This Blog

Saturday 15 March 2014

New India to boost health insurance biz

New India Assurance Company Ltd (NIACL) has decided to step up its focus on health insurance.
“Health insurance has been a strong growth driver for us, and the category accounts for about 28 per cent of company’s total premium. We are targeting to garner a total health premium income of about Rs.3,500 crore by the end of this fiscal. To boost the growth further, we will come out with top-up schemes in health products over the next three months,” G Srinivasan, Chairman and Managing Director, NIACL, said here after launching company’s floater mediclaim product here.
Under the new floater mediclaim scheme, the premium amount will be about Rs.6,000 for a Rs.2 lakh sum assured policy, covering a family of four. This policy is available for people up to the age of 65 years. The company has just rolled out Assurance on Wheels, under which a mobile van connected to the company’s central server, will visit rural villages to market insurance products.
It has already launched the scheme in Madurai region, and is set to take it other locations in the state and southern region. It has also launched two mobile apps. These will enable the customers buy and renew insurance policies on their smartphones.

No comments:

Contact Us

Name

Email *

Message *