Thursday, December 24, 2009

ICICI LOMBARD: FACILITY TO RENEW PRODUCT

ICICI Lombard has introduced the option to buy as well as to renew its product ‘Health Advantage Plus’ through its website. This product covers hospitalization expenses as well as outpatient treatment or OPD expenses caused by accidents arising out of terrorist activities. This is an added feature included in its product which is unique and very applicable during current times among other features.

ICICI Lombard General Insurance has introduced a special insurance called ‘Overseas Student Travel Insurance – Gold Plan’. As the name suggests this product plan will provide cover against medical expenses for students who plan to study abroad. It offers to reimburse expenses related to
: Accident
: Dental treatment
More over it will provide covers such as
: Personal liability
: Bail bond
: Sponsors protection
: Repatriation of remains
: Checked-in baggage loss

The plan offers up to $7,500 if studies are interrupted due to
: Medical reasons or,
: Compassionate reasons on the family front.

But before purchase of the policy, the student should compare his/her university’s requirements with that of ICICI Lombard’s offer to be completely sure of compliance.
For More Information About Insurance Policy.
Mediclaim, Health Insurance

Monday, December 14, 2009

Aegon Religare to enter health insurance, launch upto 3 products

Private life insurer, Aegon Religare, plans to enter the health insurance segment while continuing to focus on term insurance products, a senior company official said.
Aegon Religare Life Insurance's Chief Financial Officer, K S Gopalakrishnan, said in Mumbai. "We are looking to enter the health insurance segment and will be filing upto three health insurance products with the IRDA in the last quarter of this fiscal,"
He said. The Company expects to launch at least one product this fiscal.
He said. "There is a huge market for pure protection insurance products and we want to be in this segment,"
Aegon Religare Life Insurance is a three-way joint venture between the Hague-based international life insurance pension and investment company, Aegon, financial services group Religare and media-house Bennett, Coleman and Company.
The twentieth entrant in life insurance industry, Aegon Religare, is also targeting to increase contribution of term insurance products to the number of policies sold by it.
Gopalakrishnan said. "We want term products to play an important part in our business. Presently, term products contribute 20 per cent to the number of policies sold and we are aiming to increase it to 30 per cent in the near future,"