Product launches

Tata AIG has launched Medicare, a new health insurance product. It comes in three variants—Medicare Protect, Medicare and Medicare Premier. The product offers features like global coverage, compassionate travel benefit for insured’s kin and cumulative bonus of up to 50% of the sum insured for every claim-free year.

Bajaj Allianz General Insurance has rolled out M-Care, a defined benefit health insurance policy aimed at covering seven vector-borne diseases. The policy offers sum insured options of ₹10,000 to ₹1 lakh. The premiums vary from ₹160 to ₹3,000.

Source: Economic Times

Date: 21st January 2019

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