May 18, 2024

Report Wire

News at Another Perspective

Healthysure and ManipalCigna Health associate to launch flexi top-up insurance coverage

2 min read

Employee advantages insurtech Healthysure has partnered ManipalCigna Health Insurance to launch India’s first flexi top-up insurance coverage which permits staff to personalize and improve their company medical health insurance plans.

By paying a nominal add-on premium, staff can improve their cowl, which might even be continued in a private capability post-employment. They are thus capable of remove the necessity of shopping for impartial private well being cowl and likewise save as much as 90% of premium spending.

“During COVID-19, we couldn’t assist however discover a major hole in an worker’s medical health insurance journey. A company well being cowl didn’t have adequate protection and likewise expired the second an worker left the group. We may all see the implications of not having adequate well being protection as hospital payments hit the roof throughout Covid. Our flexi top-up bridges that hole the place a person can improve their company sponsored cowl and likewise convert their top-up cowl into a private base cowl after they go away.” says Anuj Parekh, CEO and Co-founder of Healthysure.

Flexi-top up is powered by Healthysure’s know-how platform by way of which a coverage is issued digitally inside 30 seconds of creating a purchase order. This coverage doesn’t require any further loading premium for pre-existing ailments, nor does it have a co-payment clause.

Shashank Chaphekar. Chief Distribution & Technology Officer of ManipalCigna Health Insurance, added, “Our dedication to creating healthcare extra inexpensive, predictable and easy, is a imaginative and prescient that we share with Healthysure. Hence, we’re comfortable to associate with Healthysure to launch our versatile and customised ‘Flexi-Top Up’ medical health insurance plan. The plan is solely designed for Healthysure’s shoppers to ship enhanced security internet of protection, protecting in thoughts the rising excessive medical inflation fee, in order that policyholders stays fear free in relation to their and their household’s present and future healthcare wants.”

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