Max Bupa, one of India’s driving independent health insurers, has presented ‘ReAssure’, an extensive and comprehensive health insurance plan that gives a boundless sum guaranteed for any type of hospitalization including the ones identified with COVID-19. This is a one of a kind customer advantage which permits the consumers to make the same number of claims as required for themselves or relatives covered in the same policy, for the same or diverse ailment in a year, at no extra expense. A single claim under ReAssure advantage will be payable up to the base sum insured amount. More or less, ReAssure clients will never fall short of coverage which is critical to ensure against unexpected medical expenditure towards a wide range of ailments, including COVID-19. Indeed, even if any occurrence of critical ailments arises like kidney dialysis or cancer when patients regularly need hospitalization multiple times in the same year, boundless coverage in the product will end up being amazingly helpful.
The product accompanies a ‘Booster Benefit’ that doubles the whole sum insured in only two claim-free years. If no claim was made during the year, at that point for the following year the sum insured will increment by 50%. If in the second year likewise there is no claim, at that point there will be another 50% increment in sum insured which adds up to an absolute 100% increase in sum guaranteed in only two years. Additionally, if a claim is made uniquely for COVID-19 in a year, there will be no effect on Booster Benefit which means the total sum insured won’t be affected and will still increment by 50%, up to a limit of 100%.
Remarking on the launch of ReAssure Health Insurance Plan, Krishnan Ramachandran, MD and CEO, Max Bupa Health Insurance stated, ReAssure Health Insurance guarantees clients three things which are especially applicable for our nation in times of COVID 19–Assurance in the form of numerous customer benefits; Accessibility through quality network across the nation and Affordability through the different money related advantages accessible under the product. COVID-19 has prompted a complex increment in awareness and interest for health insurance. The Max Bupa COVID-19 overview shows that 71% of individuals currently understand the advantages of health insurance and 57% of individuals have a solid preference for complete health insurance plans for security against any unexpected health-related crises. He also added that this product will assist clients with understanding the genuine advantages of health insurance during COVID-19 and beyond.
Dr. Bhabatosh Mishra, Director, Products, Underwriting and Claims, Max Bupa Health Insurance stated that each product advantage has been conceptualized with the purpose that each client is sufficiently secured at a point in time. Max Bupa acknowledges that individuals need to be monetarily secured in these troublesome occasions, thus the company has planned a truly cashless product that will guarantee there is no budgetary weight on once they pick this policy.