To tackle the rising want for customisation in insurance insurance policies, Future Generali India Insurance (FGII) has launched a brand new health insurance plan – D.I.Y HEALTH — which ensures flexibility and energy to decide on.
“D.I.Y HEALTH comes with a base plan comprising of 17 features and 20 optional covers. This plan enables customers to design their personalised tailor-made policy in tune with their health insurance needs,” FGII stated in an announcement.
This means options reminiscent of maternity cowl, vital sickness booster, air ambulance, as additionally unintentional demise cowl may be accessible on-demand, as in opposition to it being a compulsory characteristic, the corporate stated.
Anup Rau, Managing Director and CEO, Future Generali India Insurance Company Ltd., stated, “D.I.Y HEALTH is a powerful tool that aids individuals in taking control of their financial well-being. With D.I.Y HEALTH, customers will become architects of their own protection, building customised plans that suit their unique health needs.”
“By embracing the principles of self-reliance and customisation, D.I.Y HEALTH enables customers to design tailored solutions that address their unique risks and needs,” he stated
FGII stated it had carried out a survey in affiliation with Unomer involving over 1,500 respondents throughout 14 Indian cities.
The survey indicated that almost all prospects really feel present health insurance insurance policies lack customisation, and 94% would favor to customize their health insurance insurance policies if doable.
“The primary reason to opt/prefer customisation is to have the ’flexibility to include relevant features as per their needs at different stages of life. Most (8 in 10) consumers looking for customisation of health insurance are willing to pay an additional premium and opt for the insurance they require specifically rather than paying for something they don’t need,” the corporate stated.
