Non-life insurer Future Generali India Insurance Company Ltd. expects their retail business to grow by 50 percent with the launch of new health policy.

She said the company is targeting a premium income of around Rs.2,000 crore this year. Last year, the company had earned a premium of Rs.1,485 crore, Bhaskar added.
Speaking about the health insurance policy called Health Total, she said it comes with multiple benefits. The policy provides hospitalization cover, restoration benefit, 50 percent cumulative bonus for every claim free year and others.
The cover is available for a minimum of one year to a maximum of three years. The policyholders can pay the premium up-front for long-term policy for which a discounted rate will be charged. Alternatively, the premium can also be paid in instalments.
Source-IANS