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Edelweiss general insurance launches health policy with customer friendly features

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Ties up with PolicyBazaar to market it pan-India

Edelweiss General Insurance Company, the general insurance arm of Edelweiss Financial Services Limited, has launched ‘Edelweiss Health Insurance’, a comprehensive health insurance policy, loaded with customer friendly features and services. Edelweiss General Insurance was launched earlier this year and caters to India’s exponentially growing market for non-life insurance.

The company has tied up with PolicyBazaar, an Indian insurance web aggregator, to market the product across India. PolicyBazaar will help potential customers across India to know more and buy this health policy online.

Main features and highlights of Edelweiss Health Insurance:

1. A choice of three plans – Silver, Gold and Platinum – with cover up to INR 1 Crore

2. Upto eight members (including parents, parents-in-law, grandparents and siblings) covered under the individual variant and upto five members under the family floater variant (including the policyholder, spouse and three kids)

3. Covers AYUSH treatment upto 100 per cent of the sum insured, recognising the emerging trend of alternative therapies like Ayurveda, Homeopathy and Unani

4. Day care surgeries, which form a huge portion of all hospital treatment, are covered for over 388 ailments, upto the full sum insured

5. Covers bariatric surgery for weight reduction. One of the few in the market to offer this feature

6. This policy also rewards the noble act of organ donation, by covering the donor’s hospitalisation cost up to INR 2 Lakh

7. Covers maternity expenses for any two deliveries

8. No Claim Bonus increases the sum insured after every claim-free year upto a maximum of 100 per cent

9. Restoration and Recharge benefits available, in case the sum insured is exhausted

Commenting on the launch, Anup Rau, CEO, Edelweiss General Insurance said, “Our product is very comprehensive and feature rich, designed keeping in mind the evolving needs of customers The product features have been explained in a very simple language to enable customers make an informed choice.”

Yashish Dahiya, Co-Founder and CEO, PolicyBazaar Group of Companies says, “With Edelweiss General Insurance coming on board, we hope to further strengthen our product offerings in health and motor insurance space. The new health insurance product comes with a unique feature which allows the consumer to opt for a total sum insured restoration and recharge rider among other features introduced making it a wholesome and cost-effective proposition.”

The company believes that insurance needs to be simple and customer friendly, right from the moment a potential customer inquires about a policy, till the time he needs to make a claim.

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