Aditya Birla Capital’s subsidiary company -- Aditya Birla Health Insurance has launched what it claims to be an industry-first move in the health insurance segment offering up to 100 percent return of the premium. The offering is the new version of its flagship product Activ Health, which provides comprehensive health protection with extensive wellness benefits.
It claimed that it is the only health insurer offering up to 100 percent return of the premium in terms of rewards and reload of the sum insured through the new policy. Customers will be refunded through rewards if they have had two claims-free years wherein they earn 50 percent no claim bonus for every claim-free year or 100 percent of the sum insured. A customer is rewarded through a cash-equivalent that can be used for either health-related expense like buying medicines, paying for diagnostic tests, day-care treatment, out-patient expenses (OPD), and alternative treatments that are traditionally excluded, or can be used towards the payment of future premium.
Aditya Birla Capital is one of the largest financial services players in India.
