Mumbai, June 27 (IANS) IndiaFirst Life Insurance, a joint venture between Bank of Baroda, Andhra Bank and Legal & General (UK), on Monday announced their collaboration with Star Health Insurance Ltd. to introduce Star First Combi Plans — a combination of health and life insurance plans.
The Star First Combi Plans — a suite of five plans that provide unique combined benefits of health and life cover under a single offering — will be available in five variants — Star First Comprehensive, Star First Classic, Star First Care, Star First Delite and Star First Optima.
Speaking on the occasion, R.M. Vishakha, MD & CEO, IndiaFirst Life Insurance, said: “We are pleased to partner with Star Health Insurance to offer integrated health and life insurance solutions. Together, we intend creating value for the customer — for a lifetime and beyond — through a single offering.”
“We are happy to have launched this unique combi plan that, in simple words, ensures a happy tomorrow. If somebody falls sick, health takes care and if somebody goes to the hospital and something goes wrong, life cover takes care,” said V. Jagannathan, Chairman and Managing Director of Star Health Insurance.
Rushabh Gandhi, Director, Sales & Marketing, said: “The launch of Star First marks a milestone in the Indian insurance industry. Protecting your family from any uncertainties of life has seen a shift from being an option to a basic need. Star First Combi Plan offers a combination of Life and Health cover under a single roof. Now, one can ensure that no untoward event upsets the well-being of their loved ones, not only in their absence but also in their presence.”
The Star First Combi Plans provide, among others, life cover for the policyholder along with a health cover (for self as well as family); cover for 400-plus daycare procedures; Dental/Ophthalmic cover on OPD basis; and in-built personal accident benefit equal to the health sum insured.