Equitas SFB, Cholamandalam MS for women centered health insurance policy

0

Equitas Small Finance Bank (SFB) announced on Monday that it has partnered with Cholamandalam MS General Insurance to launch a women-centric health insurance policy, Chola Sarva Shakti.

The product was launched to give Indian women good health and finances, Equitas SFB said in a statement.

Women are more susceptible to heart disease, pregnancy, reproduction, cancer, and even high blood pressure and depression than men. Citing a survey, the SFB said that out of 1,009 women, only 39% had health coverage.

The Chola Sarva Shakti Policy initiative aims to provide women with an independent and comprehensive policy, which secures their future against various unforeseen health situations.

The benefits of the policy include insurance for personal accident or any health crisis, sick pay and maternity cover, child education support and EMI benefit to the insured in dismissal or temporary suspension of employment due to health problems, among others.

Murali Vaidyanathan, Senior President and Country Head- Branch Banking – Liabilities, Products and Wealth, Equitas SFB said, “The Chola Sarva Shakti Policy initiative aims to provide women with an independent and comprehensive policy, which secures their future against various situations of unforeseen health. “

Chola Sarva Shakti is a health insurance product created after careful study of women’s medical needs, said V Suryanarayanan, Managing Director of Cholamandalam MS General Insurance.

“The initiative aims to provide women with a higher level of insurance and assistance in the event of a medical crisis,” he added.

(Only the title and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear reader,

Business Standard has always endeavored to provide up-to-date information and commentary on developments that matter to you and that have wider political and economic implications for the country and the world. Your constant encouragement and feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these challenging times stemming from Covid-19, we remain committed to keeping you informed and up-to-date with credible news, authoritative opinions and incisive commentary on relevant topical issues.
However, we have a request.

As we battle the economic impact of the pandemic, we need your support even more so that we can continue to bring you more great content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscriptions to our online content can only help us achieve the goals of bringing you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism we are committed to.

Support quality journalism and subscribe to Business Standard.

digital editor

Share.

About Author

Comments are closed.