A unique and beneficial health insurance policy for the general public is coming in which the company will refund the full amount of premium to the insurance policyholder if no claim has been made for two consecutive years. Aditya Birla Health Insurance has updated its flagship health insurance Active Health. Under this, if no claim is made for two years, the entire premium will be refunded to the policyholder. The company says that this is the first plan in the health insurance industry in which 100% premium will be refunded.
A statement issued by the company said that the updated version of the Active Health Policy will allow the policyholder to be rewarded and reloaded at 100% of the sum assured. The policyholder will be rewarded with a cash equivalent reward. These rewards can be used for health related expenses such as purchase of medicine, payment for diagnostic tests, day-care therapy, outpatient (OPD) costs and alternative therapies.
Mayank Bathwal, CEO of the company, says policyholders can get a 100% sum insured bonus for two claims free years. This reward can be used to pay future premiums.
The active health policy covers the mental illness of the policyholder, unlimited homeopathy, telemedicine, day-care therapy, asthma, high blood pressure, high cholesterol and diabetes from day one.
Treatment facility will also be available abroad
In this policy, the policyholder will get the facility of cashless treatment abroad. This facility will be available for the treatment of serious illness. Policyholders will get a cover of Rs 3 to 6 crore for treatment abroad. Covid-19 will also be covered in this policy.