Star Health Insurance Policy on PhonePe
Star Health and Allied Insurance, a standalone health insurance organisation in India, introduced the release of its Arogya Sanjeevani policy on Indian digital payments platform, PhonePe. All PhonePe customers can protect their family from financial burdens when there is a need of medical emergency. The policy is to be had at an annual premium of INR 2,985/- (excluding GST) for an insured sum of INR 100,000.
Through PhonePe’s digital platform, the goal is for the availability of easy accessibility to the Arogya Sanjeevani health insurance policy, specially to millennials. PhonePe customers can immediately avail this policy withany medical tests through the PhonePe app with some easy clicks.
Star Health Insurance’s Arogya Sanjeevani policy is stated to be a affordable and beneficial health insurance policy. This policy has been designed to cover the maximum important aspects in case of any instance of hospitalisation withinside the family. The policy covers everyone up to 65 years with sum insured alternatives up to Rs.1 million. Arogya Sanjeevani policy comes with numerous benefits including covering all daycare procedures, lifelong renewals, cumulative bonus, cataract treatment and Ayush Treatment to the limit of the sum insured. Star Health has a tie up with over 10,200 hospitals throughout India as a part of its cashless network where its users can avail hassle-free claim services.
Bengaluru-primarily based PhonePe in January in the year 2021, earmarked stock options worth USD 200 million for its 2,200 employees. The declaration comes after Flipkart had introduced in December 2020 the partial spin-off of PhonePe, because the digital payment corporation had raised USD 700 million in funding, valuing the FinTech agency at USD 5.5 billion.
