OCARE launches Dental Insurance product; Group insurance at sum assured of Rs 25K

India Infoline News Service | Mumbai | October 27, 2016 15:04 IST

Additionally, in its nationwide effort to offer dental insurance mass‐market, OCARE has also started a unique endeavor to offer its products through the country’s Gram Panchayats, by providing Group Dental Insurance to villages. Vihigaon, a village panchayat located in the Buldhana district of Maharashtra state, India, becomes the first village to be covered by OCARE Dental Insurance.

In  a  first  ever,  OCARE,  India’s  first,  and  only,  independent Insurance Process as a Service ( PAAS) platform, launched the first ever Dental Insurance Product in the country. A Group Insurance product, it offers a sum assured of Rs 25,000/‐. Additionally, in its nationwide effort to of er dental insurance mass‐market, OCARE has also started a unique endeavor to offer its products through the country’s Gram Panchayats, by providing Group Dental Insurance to villages. Vihigaon, a village panchayat located in the Buldhana district of Maharashtra state, India, becomes the first village to be covered by OCARE Dental Insurance.
 
The product was unveiled by Hon’ble Member of Parliament of the Rajya Sabha, Vinay Sahasrabuddhe. The luminaries who presided over the launch event were Dr. Chandresh Shukla and Dr. Ashmita Singh from Dental Council of India.
 
Speaking on the launch, Dr. Neeraj Sheth, Founder & CEO said, “Statistics say that nearly 200 million Indians chew tobacco making India the world's mouth cancer capital. With rising   dental healthcare  costs  and  the  urgent  need  for  preventive  oral  healthcare,  we  believe  that  the demand for  affordable,  easily  accessible  and  hassle‐free  dental  insurance  products  will rise exponentially. OCARE aims to achieve this through its unique IPAAS platform.”
 
“This is the first time Dental insurance is being offered as an exclusive product in India.   Usually it is clubbed with health insurance and available under the general health insurance plans, where dental ailments are not covered exclusively, and only the hospitalization and medicinal costs arising due to a dental emergency are covered,” he added further.
 
Diwali, being an auspicious occasion for the entire country, makes it the perfect moment to launch OCARE dental insurance, an innovative product that is all set to transform the Indian  oral hea thcare ecosystem by making dental treatments accessible, affordable and achievable for every Indian citizen.
 
Highlights of OCARE Dental Insurance:
  • First Time a Dental Insurance Plan Launched in India
  • Covers pre‐existing conditions
  • No waiting period

Product highlights include:
  • Oral hygiene kit
  • OCARE Dental Insurance with a minimum sum assured of Rs 25,000/‐ per annum, per person
  • Loyalty card with points redeemable for dental services
  • Bi‐annual dental checkups
 

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