Aditya Birla Health Insurance joins hands with Mobikwik to offer affordable ‘sachet’ insurance

Aditya Birla Health Insurance Co Ltd (ABHICL) has joined hands with Mobikwik in order to offer simple sachet health insurance products. As part of this partnership, an innovative Cancer Protect Cover has been launched. With the aim of market expansion, both the partners are focused to create affordable insurance solutions for middle-class Indian consumers who are unable to access to insurance.
The policy covers across all major stages of cancer with a 100 per cent payout and includes a wider age group of 18 to 60 years. With a one-year tenure, this can be bought for as little as Rs. 125, for a sum insured of Rs. 1.5 lakh. Users have other options for increased sum insured to choose from: Rs. 4.5 lakh and Rs. 7.5 lakh with annual premiums of Rs. 375 and Rs. 625, respectively.
Via Mobikwik platform, ABHICL will also offer unique covers such as heart secure, and accident hospitalisation. Mayank Bathwal, CEO, ABHICL. said, “At Aditya Birla Health Insurance, our endeavour is to provide need-based health insurance solutions to our trusting customers. Through this partnership with MobiKwik, we intend to make health insurance affordable for millions of Indian families”.
Upasana Taku, Co-founder, MobiKwik, said, “Against the backdrop of the rising number of cancer cases, we have introduced affordable insurance plans for users. The Cancer Protect plan bolsters MobiKwik’s commitment to support India’s healthcare needs, and enables financial inclusion for millions of Indian families, threatened by any kind of cancer.”