ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Railways
  • World
    • Economy
    • Politics
    • Markets
  • Survey
  • videos
  • photos
  • More ...
    • VIDEOS
    • PHOTOS
BREAKING NEWS
  • Market ends with marginal cuts this week; FMCG gains, Consumer Durables decline—What should investors do on Monday?
  • Investors with short term view must book profits now; import duty hike, rupee weakness may arrest price correction, temporarily
  • Virtual Digital Assets: VDAs to attract 1% TDS from today; know what CBDT says about new norms
  • Maruti Suzuki, Ashok Leyland: What makes brokerages bullish on these auto stocks?
  • Monsoon session of Parliament to begin on July 18; to end on August 12
Read in App
Business News » Companies News

Max Bupa enters a partnership with MobiKwik to promote health insurance products in India

Max Bupa on June 26th announced a strategic partnership with MobiKwik to promote affordable and convenient bite-sized group health insurance products.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Max Bupa enters a partnership with MobiKwik to promote health insurance products in India
Max Bupa in association with Mobikwik will offer a slew of innovative offerings, including a Cancer cover at a nominal premium and a HospiCash product. Photo: Pixabay

Max Bupa on June 26th announced a strategic partnership with MobiKwik–a leading Fintech platform, to promote affordable and convenient bite-sized group health insurance products for MobiKwik’s 107 Million customers across the country.  Bite-sized insurance offerings, which are essentially easy to buy, over the counter health insurance products, primarily targeted towards working professionals and millennials, are fast picking up pace in India and gaining huge interest from customers who are always on the go and are looking for convenient, low price and accessible health plans for their specific health needs. These young customers are looking for quick, simple and affordable health insurance propositions to take care of their specific health needs. They are interested in a fully digital buying journey along with simple claims procedure. 

Speaking about the announcement, Ashish Mehrotra, MD & CEO, Max Bupa Health Insurance said, “Our alliance with MobiKwik fortifies our commitment to make quality health insurance products more affordable and accessible to millions of customers across India through digital innovations. We are enabling financial inclusion by making pocket-size health insurance solutions available through the Mobikwik platform and plan to acquire 1 million Mobikwik customers over the next 3-4 years."

Commenting on the alliance, Upasana Taku, Co-founder MobiKwik said, “Our mission is to build affordable and accessible financial services for a billion Indians. We call this ‘Building for Bharat’. Bharat needs a truly disruptive approach to ensure health coverage is available to every citizen at a low premium, with instant issuance and without fear of medical exams and piles of paperwork. A single hospital stay without any insurance cover becomes a long-lasting financial burden on many lower and middle-class families.”

In keeping with this emerging trend, Max Bupa in association with Mobikwik will offer a slew of innovative offerings, including a Cancer cover at a nominal premium and a HospiCash product, in order to make health insurance purchase simple, instant and affordable for MobiKwik’s vast customer base.

Max Bupa will also offer a new proposition for Vector Borne Diseases like Dengue, Chikungunya, Malaria, Japanese Encephalitis, Lymphatic Filariasis, for those who are interested in further safeguarding themselves against the increasing incidences of such diseases. A lump sum payout of INR 10,000 against these conditions will help the customer to not only take care of hospitalization expenses but also loss of pay for the time they have been away from work. Such a proposition would soon be available on the MobiKwik platform at a nominal premium of INR 49. Further, customers would also get an accidental death cover for INR 1 Lakh as additional security.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
MAx bupaMobikwikhealth insurance
Written By: Asit Manohar
Updated: Wed, Jun 26, 2019
04:07 pm
New Delhi, ZeeBiz WebDesk
RELATED NEWS
Max Bupa Health rebrands to Niva Bupa; aims total business of Rs 2,500 cr in FY22 Max Bupa Health rebrands to Niva Bupa; aims total business of Rs 2,500 cr in FY22
Raksha Bandhan on Independence Day August 15, 2019: Max Bupa celebrates  with #SabKiSister campaign, pays tributes to Nurses across nation Raksha Bandhan on Independence Day August 15, 2019: Max Bupa celebrates with #SabKiSister campaign, pays tributes to Nurses across nation
Bank of Baroda, Max Bupa to provide 1,12,000 meals to underprivileged across 100 cities Bank of Baroda, Max Bupa to provide 1,12,000 meals to underprivileged across 100 cities
Max India shares drop 13.5 pc on exiting health insurance biz Max India shares drop 13.5 pc on exiting health insurance biz
This stock rose over 16% today, could have made you rich; do you own it? This stock rose over 16% today, could have made you rich; do you own it?

LATEST NEWS

US stocks see worst first half drop in over 50 years

HSBC to relaunch India private banking business within a year, says India CEO

India moves to leadership position in large-value digital payment system, RBI report

Food labelling rules for online food delivery platforms like Zomato, Swiggy changed from today; compliance failure to invite action

Gold Price Today: Investors with short term view must book profits now; import duty hike, rupee weakness may arrest price correction, temporarily

Crude oil jumps nearly 3% as supply outages outweigh recession fears

EV battery swapping startup Battery Smart raises USD 25 mn from Tiger Global, others

Virtual Digital Assets: VDAs to attract 1% TDS from today; know what CBDT says about new norms

Gold Price Today: Yellow metal surges by over Rs 1000 as excise duty hiked to 12.5% - check gold rate in your city

Stock Market Outlook: Our dependence on US market limited now, next 10-15 years belong to India, says Anil Singhvi | Here's why

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2022. India Dot Com Private Limited. All Rights Reserved.
LIVE TV