Tata AIG Life Insurance Company has announced a health
insurance plan with life cover, called the Tata AIG Health
product is designed to provide a complete cover for prolonged
hospitalisation, including a major surgery or a critical
illness, says Tata AIG Life managing director Ian Watts.
"The product has been created keeping in mind the
difficulties faced by Indians while meeting the high medical
and hospitalisation costs."
AIG Health First will make life more comfortable for the
insured and also that of his family while settling their
medical expenses, he says. "One of the unique features
of this policy is that a lump sum allowance is paid irrespective
of the actual medical or hospitalisation
expenses. The plan is also renewable till the age of 65
years, without any medical examination, with premiums
increasing only once in every five years."