NEW DELHI: Navi General Insurance introduced an option for customers to buy health plan through a monthly subscription (EMI) instead of paying the annual premium in advance.
Navi’s option to pay monthly Equated Installments (EMIs) for health insurance will make it more affordable and ultimately make health insurance more affordable for a wider set of customers. Policies can be purchased in EMIs from $$240 per month, according to the Navi General Insurance press release, released on June 14th.
Navi Health offers comprehensive health insurance that covers more than 20 health benefits, including hospital stay, pre- and post-hospitalization expenses, covid-19 hospitalization, home hospitalization, 393 day care procedures, road ambulance coverage, HIV-borne disease coverage. vectors and optional critical illness, maternity and coverage for newborn babies.
Agentless and with a fully digital, paperless process, customers can purchase health insurance through the Navi Health app in 2 minutes, with the policy issued to them instantly on the app. Navi offers health insurance coverage that ranges from $$2 lakh for $$1 crore for individuals and families, according to the release.
You can download the Navi Health app from the Google Play Store.
Ramchandra Pandit, MD and CEO, Navi General Insurance “With health and medical costs ever rising, Navi’s subscription-based option to purchase health insurance will help make this important insurance coverage more affordable and affordable for many customers.”
Navi offers a very simple claims process, with cashless claims being approved within 20 minutes. The company has an industry-leading claims settlement rate of 97.3% and a network of more than 10,000 cashless hospitals in more than 400 locations across India, according to the statement.
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