Max Bupa and Axis Bank tied-up for a medical insurance policy amidst COVID-19Max Bupa medical insurance has entered into a business company partnership with Axis Bank to supply thorough medical insurance services to consumers and support policyholders with better services in the middle of the COVID-19 pandemic.
The main tie-up between the two entities will allow a number of customers of the country's third-largest economic sector bank to access better healthcare options from a series of medical insurance products used by Max Bupa, stated the health insurance provider in a declaration shared on Wednesday, July 7.
Max Bupa health insurance will supply indemnity and repaired benefit products, along with adjustable variations to consumers of the bank throughout the nation.
According to details shared in its declaration, the extensive product suite includes: ReAssure - a plan that provides limitless sum insured under the ReAssure benefit which is activated by the very first claim itself.
Any one claim can be approximately the base sum insured.
The booster benefit doubles the amount insured in 2 claim-free years and the safeguard makes it cashless.Health Premia - a health insurance strategy, with an amount insured approximately Rs 3 croreSmart Health - a health plan that covers high expenditures throughout vital health problems and offers hospitalisation and unintentional benefits.Also Read: Max Bupa Launches 'Senior Citizen First' Plan For Senior Citizens: Examine BenefitsThis comes at a time when people throughout all age groups, consisting of millennials, have recognised the significance of medical insurance to cover medical emergency situations, while numerous are going for policies that also cover dependents in their families.
The COVID-19 pandemic has stressed the requirement for health insurance, making it considerable in tier 1, tier 2, and 3 cities.