Thursday, August 20, 2009

Met life forays into health insurance Policies

‘Met Health Care’ offering daily cash benefits in the case of hospitalisation and the option of undergoing no medical test before availing of the cover. MetLife India Insurance on Monday announced its foray into the health insurance sector with the launch of an innovative scheme.
Benefit
The company said in a statement here. The product offers its customers a daily cash benefit in the case of hospitalisation and a lump sum benefit in the case of critical illness or accidental total and everlasting disability.

At the same time, customers are not required to undertake any medical tests to avail themselves of this plan.

Health insurance in India was today recognised as one of the primary safety needs for a family. MetLife India Managing Director Rajesh Relan said.

“Launching Met Health Care, our first health insurance product, is a natural development in our journey to offer the consumer a complete range of protection plans to suit their various needs,” he added.
Training
He said. MetLife has been among the top three fastest-growing life insurance companies for the last 30 months. The launch of the scheme would considerably balance the company’s existing products and services,

The company grows at 40 per cent last year while the industry was facing a slowdown.

Mr. Relan said. The product is being launched with full training to financial advisors across the country to provide need-based solutions to customers.
MetLife has over 55,000 financial advisors, all of whom have gone through accurate training to understand customer needs. He said the company believed in a multi-distribution approach for reaching customers across the length and breadth of the country.