Lifeline from Max New York

OUR CORRESPONDENT

Bennett in Mumbai on Wednesday. (Fotocorp)

Mumbai, March 5: Max New House Of York Life Insurance today launched its wellness coverage programs under the Line Of Life moniker.

Lifeline will offer a long-term (10 old age and above) coverage screen based on the policyholders’ necessitates under three distinct classes — Medicash, Wellness, and Safety Net.

The lower limit yearly insurance premium for all policies have been fixed at Rs 2,500, with the upper limit age of adulthood set at 65 old age for Medicash and 75 old age for the other two.

“We are excited to be able to offer wellness coverage merchandises that actually react to consumer’s needs. With the growth relative incidence of diseases owed to life style changes, wellness coverage is one of the primary protection necessitates for all the members of the family," said Max New House Of York Life Insurance managing manager and CEO, Gary Bennett.

The Medicash bes after are infirmary hard cash merchandises that volition offering fixed hunk sum of money benefits every twenty-four hours to the insured during the time period of hospitalization but irrespective of existent medical bills.

The Health bes after will supply screen against 38 critical ailments, which include cancer, bosom complaints and Alzheimer’s disease.

The program lets the insured to have the coverage benefits only after 180 years of the purchase of the policy, with the insurance premium varying according to the age of entry, and the claim amounts varying according to the nature of the ailment.

The Safety Network is a term plus wellness protection plan, offering the insured screen against losings arising from critical illness, accident, disablement and death.

The entry and issue age bounds are similar to the Health plans, but with a upper bounds sum of money assured limit of Rs 40 lakh.