Magma HDI launches OneHealth
~ The Gen-Next Health Insurance Policy~
Mumbai 20th November ’17- Magma HDI General Insurance Co Ltd (Magma HDI) a joint venture between Magma Fincorp Ltd and HDI Global SE Germany launched its health insurance policy – OneHealth.
is the generation-next health insurance which covers various significant medical conditions as well as lifestyle diseases which are covered rarely in the industry. The India State-Level Disease Burden Initiatives Report released recently states that
lifestyle diseases now kill more people than communicable ones like tuberculosis or diarrhoea in every state in India. Very few of the existing health insurance policies cover lifestyle ailments like lasik bariatric surgery psychiatric treatments etc. OneHealth is a first of its kind health insurance policy that covers all such ailments which are not yet considered medical conditions in the industry.
Speaking to the media on the occasion Mr. Rajive Kumaraswami MD & CEO Magma HDI said “According to studies with increasing prevalence of lifestyle diseases in India one out of four Indians is at risk of dying from non-communicable diseases. Keeping the need of the customer and the modern lifestyle in focus this policy is designed to meet the requirements of the customer and his entire family. This policy along with covering all major lifestyle diseases will also offer additional benefits like restoration benefit cumulative bonus free annual health check up etc”.
Some of the Simple & flexible features which One Health offers are:
Range of sum insured: Rs. 2 lakhs to Rs. 50 lakhs across only 4 variants
Individual or floater
Cover upto 3 years
Zone wise premium calculation with an option to get treatment from a different zone
Pay premium in instalments
Options to reduce premiums (fitness reward points aggregate deductible voluntary co pay)
New age covers (IVF Bariatric Psychiatric Lasik surgery loss of income)
Domiciliary coverage upto full sum insured
Ayurveda Unani Siddha Homeopathy
PA with Permanent Total Disability
11 critical illnesses (with built in Compassionate visit)
Added benefits with no additional costs:
Non reducing no claims bonus
Annual health check ups
Value added services (Doctor on phone call e-Specialist’s consultation Nutritional counseling on phone Health related offers)
Early joining benefits (plus no mandatory co pay)
Green channel benefit
Hospi cash and Enhanced Daily Cash benefit Loss of income benefit
Worldwide emergency cover
Air Ambulance cover
More information about OneHealth can be obtained at official website of Magma HDI General Insurance i.e. www.magma-hdi.co.in or at toll free 1800-3002-3202. Customers can buy the product from any of the 86 branches or through a vast network of 2000+ intermediaries located across the country.
About Magma HDI General Insurance Company Limited
Magma HDI General Insurance Co Ltd. is a joint venture between Magma Fincorp Ltd and HDI Global SE Germany. The joint venture leverages on the strengths of the two companies to offer general insurance products through the existing strong distribution and service network of Magma with deep penetration in Rurban India. The partner company- HDI Global SE is part of the Talanx Group which is the third largest insurance group in Germany.
About Magma Fincorp
Magma Fincorp is a leading NBFC financing Rurban under-served customers with more than 300 branches covering Pan India & offering vehicle finance mortgage & SME Loans. It has served more than 10 Lacs customers & currently has AUM of over Rs. 15200 Crores.
About HDI Global SE
HDI Global SE Germany is a part of the Hannover based Talanx Group which is the third largest German insurance group by premium income. It has over 100 years of experience in Insurance & is active in 150 countries. Talanx Primary group enjoys a rating of A+ by Standard & Poor’s.