Mumbai, July 11 (UNI) Bajaj Allianz Life Insurance today announced the launch of its first family medical insurance product called Family CareFirst, providing health insurance cover to 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, commenting on the first of its kind health cover in the country, said the Company aimed to take care of full family, and bring them closer. He said ''this is the first plan in the country to include parents and in-laws, offer guaranteed premium rate, discount on renewals and a No Claim bonus.'' Key highlights of the new scheme included premium guarantee for three years and an additional discount of 15 per cent on fourth year renewal premium, cashless long-term plan from age three months to 74 years. Family CareFirst offers cashless service in close to over 2,000 network hospitals across the country, health insurance for the entire family ranging from Rs one lakh to Rs 10 Lakh sum assured and no claim bonus with five per cent increase of sum assured each year.
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