Future Generali India Insurance company has announced the launch of its health insurance product – DIY Health – which comes with multiple rider benefits
Rider benefits are optional covers that policyholders can buy by paying additional premiums. According to the company, besides the base features, the DIY health insurance product comes with 20 optional offerings or rider benefits.
Policyholders can also choose from optional covers such as maternity, ambulance (air/road) cover, critical illness booster, daily hospital cash, cover for non-medical and consumables-linked expenses, home healthcare insurance, voluntary co-pay, critical illness booster, accident booster, higher pre- and post-hospitalisation expenses, flexibility to increase or reduce waiting periods for pre-existing illnesses and so on.
This is in addition to the regular features that several other products in the industry offer such as cumulative bonus booster, wellness benefits, OPD coverage if the minimum sum insured is Rs 5 lakh and no capping on hospital room rent.
The product allows the policyholder to cover up to 15 members of her family under the family floater cover. Besides grandparents, daughters-in-law, sons-in-law and live-in partners can be covered under the policy.
“DIY HEALTH enables customers to not only choose the most relevant features as per their life needs but also enables them to further tweak or modify the policies annually,” said Anup Rau, Managing Director and CEO of Future General India Insurance.
