Mangalore: Bajaj Allianz Life Insurance, a leading private insurance company, today announced the launch of its first family medical insurance product called ‘Family Carefirst’.
The health insurance product would provide health insurance to the entire family of the customer including parents, in-laws, spouse and children all together in a single plan, T. Anjana Murthy, regional manager of Bajaj Allianz, told reporters here today.
This was the first scheme in the country that included parents and in-laws, offers guaranteed premium rate, discount on renewals and a no-claim bonus, he said.
Family Carefirst offers cashless services in more than 2,000 network hospitals across the country, an assurance of guaranteed renewals without undergoing medicals and day care treatment for 125 days care procedures, he said.
The sum assured ranged from Rs1 lakh to Rs10 lakh, he said.
It also provided 5% increase in the sum assured each year for every claim free year, Murthy said.