Mr.D Surendra Rao who is the Deputy General Manager of the bank said that this plan would offer lower premium rates for maximum coverage - for medical facilities up to Rs. 20 lakh.
He also stated that this plan had additional benefits.
This plan could cover a family of four, which included the account holder, his spouse and 2 dependent children.
The account holder could claim 80D for relief from income tax on premiums paid.
The plan also offered cashless facility in 860 hospitals which included - the Nalluri Hospital, Venkatramana Hospital and the Sunderraja Nursing Home in Ongole.
Ankit Sharma, June 2014
Hannah Punitha (IRDA Licence Number: 2710062)