Bajaj Allianz Life Insurance announced the launch of its first Family medical insurance product called Family CareFirst. For the first time a health insurance product has been introduced in India which will provide insurance health insurance to your entire family including parents, in-laws, spouse and children all together in a single plan.

Kamesh Goyal, Country Manager Allianz and CEO Bajaj Allianz Life Insurance at the launch of Family CareFirst commented “We will like our health insurance plan to take care of your full family, and bring them closer”. He also said “this is the first plan in the country to include parents and in-laws, offers guaranteed premium rate, discount on renewals and a No Claim bonus”

Key product highlights:

• Premium guarantee for 3 years and an additional discount of 15% on 4th year renewal premium: For the first time a health insurance product offers a not only a premium guarantee in the first 3 years but also offers a 15% discount at the time of renewal in the 4th year.
• Health Insurance for everyday needs of the entire family: Every member of your family including parents, in-laws, spouse, and children are covered all under one single insurance plan.
• Cashless long-term plan from age 3 months to 74 years: Family CareFirst offers cashless service in close to 2000+ network hospitals across the country.
• Renewal guarantee without underwriting and medicals: get an assurance of guaranteed renewals without undergoing medicals
• Health insurance for the entire family ranging from Rs. 1 Lac to Rs. 10 Lac Sum Assured
• No Claim bonus with 5% increase of sum assured each year: Another first time Family Care First offers 5% increase in Sum Assured each year for every claim free year.

Sourced From: Corporate Voice|Weber Shandwick