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Aviva Life launches online health plan

The minimum sum assured is Rs 5 lakh, and extends to a maximum of up to Rs 50 lakh

June 05, 2012 4:30 IST | India Infoline News Service
Aviva Life Insurance has launched an online health plan called Aviva Health Secure. The plan provides the policyholder with a lumpsum amount on diagnosis of any of the 12 critical illness covered by the policy.
The policy premium amounts to Rs 2,000 and above a year. The policy can be bought at http://www.avivaindia.com for any major medical expenses by the insured.
The minimum sum assured is Rs 5 lakh, and extends to a maximum of up to Rs 50 lakh. The age limit ranges from 18-55 years for a minimum policy term of 10 years and a maximum of 30 years.
Aviva Health Secure offers the policyholder a lumpsum based on the sum assured for the illnesses irrespective of the hospital bills.
TR Ramchandran, CEO and MD, Aviva India, said: “It is estimated that the total healthcare expenses in India will rise to $425 billion by 2016. Even now 79% of Indians fund their own medical expenses compared to 17% in the UK.”

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