Bajaj Finserv Ltd.

BSE: 532978 | NSE: BAJAJFINSV
Large Cap | Finance - Investment
2008.10
5.70 (0.28%)
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Bajaj Finserv’s arm partners with Jammu & Kashmir Government

Date: 30-12-2020

Bajaj Finserv’s subsidiary company -- Bajaj Allianz General Insurance has in association with Jammu & Kashmir Government launched the Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) SEHAT for all the residents of the Union territory. A total of 2.1 million families will be covered under the SEHAT scheme. SEHAT stands for social, endeavour for health, and telemedicine.

The scheme will provide universal health insurance cover with a sum insured of Rs 5 lakh and the health insurance will be provided on family floater basis. This scheme will provide free of cost insurance to residents and the premium is borne by the government.

Bajaj Finserv has established itself as a financial power house with interests in insurance, lending, asset management and wealth management.