Business

ICICI Lombard partners with Flipkart to offer Hospicash insurance to consumers

icici lombard, flipkart, online health insurance, online shopping, health insurance, discount, premium, floater option, health insurance, health insurance industry, covid19 pandemic, health insurance year ender 2020, health insurance outlook in 2021, IRDAI, health insurers, health insurance, discount, premium, Income tax benefit, health insurance plans,The fastened every day quantity will allow customers to pay for incidental medical or emergency bills.

Flipkart has partnered with ICICI Lombard to offer Hospicash insurance to customers. Compared to the usual indemnity well being insurance insurance policies, Hospicash is a profit that may enable customers to avail a hard and fast quantity for every day of hospitalization.

The fastened every day quantity will allow customers to pay for incidental medical or emergency bills. The insurance is made paperless, and versatile, masking each unintended hospitalizations or deliberate surgical procedures and therapy.

According to a research by Union ministry of statistics and programme, the direct common out-of-pocket expenditure throughout hospitalization in India ranges between Rs 4,452 to Rs 31,845 for an individual, whereas the typical lack of revenue due to hospitalization is estimated to be round Rs 8,164, stating that Indians incur vital bills throughout hospitalization.

Hospicash insurance will present cowl to customers for hospitalization with every day money advantages ranging from Rs 500. The Hospicash insurance coverage supplied by ICICI Lombard supplies customers with an additional allowance to not simply cowl emergency medical bills’ but additionally journey and post-discharge prices and compensation for lack of revenue throughout hospitalization.

Sanjeev Mantri, Executive Director, ICICI Lombard says, “With Flipkart, we will be able to reach the online-savvy consumers and meet their needs towards securing themselves and their loved ones during exigencies. Hospicash insurance is an affordable and convenient offering that can help consumers meet their daily incidental expenses during hospitalization. This is in line with our brand ethos of Nibhaye Vaade to go the extra mile to handhold customers during their hour of need.”

Ranjith Boyanapalli, Head – Fintech and Payments Group, Flipkart, says, “As consumers increasingly understand the importance of health insurance, we want to ensure that Flipkart is their one-stop solution to provide the services for a holistic health protection plan. With Hospicash insurance, consumers can now safeguard themselves against overhead charges which can often result in unnecessary draining of savings.”

Get reside Stock Prices from BSE, NSE, US Market and newest NAV, portfolio of Mutual Funds, Check out newest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and comply with us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and keep up to date with the most recent Biz information and updates.

Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button