Tuesday, June 27, 2006
Bangalore, June 26. (PTI) : The National Insurance Company is on the way to come out with a new health policy especially for the elderly above the age of 60.
"We are awaiting IRDA's approval. Official clearance has to come," company Chairman and Managing Director V Ramasaamy said here the Insurance Regulatory Development Authority said to reporters here today.
"We want to launch it on October one -- the World Elders' Day", he said, declining to reveal the features of the policy.
He said the company will launch health insurance product for "younger generation" below the age of 25, as even a family floater policy in July.
Company officials said the policy is accessible for the sum insured from Rs 50,000 to Rs three lakh with annual premiums ranging from 878 to Rs 4,461, and the benefits are obtainable for families up to four members.
posted by kanth
@ 1:40 AM
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