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CIGNA TTK HEALTH INSURANCE

Oct 21, 2015 article image Cigna TTK Health Insurance announces the launch of 'Pro Health Cash'
Cigna TTK Health Insurance a joint venture between U.S. based global health service leader, Cigna Corporation (NYSE:CI), and Indian conglomerate TTK Group, today announced the launch of its latest product - Pro Health Cash.
Cigna TTK Health Insurance a joint venture between U.S. based global health service leader, Cigna Corporation, and Indian conglomerate TTK Group, announced the launch of its latest product - Pro Health Cash.

Pro Health Cash is designed to provide top-up, gap and base cover option to varied consumer segments across India based on current coverage and overall affordability criteria. It can act as a supplementary benefit tool that takes care of non-medical and incidental expenses, like food and traveling cost of the companion, helping one overcome increased financial burden during hospitalization for consumers, who already have a medical indemnity cover. Especially, since these costs are not covered as part of any health insurance policy.

For those who do not have any form of indemnity cover Pro Health cash can act as an affordable alternative to help ease the burden of hospitalization cost with minimal administrative processes. Pro Health Cash pays a fixed daily benefit to an insured person for each day of hospitalization irrespective of the actual medical expenses, incurred.

One of the most significant features of this product is that it will pay for the eligible fixed benefit even if the hospitalization occurs outside of India, anywhere in the world.

The Product is one of the most comprehensive and affordable option available in the market today and is available under two plan variants, Basic and Enhanced. It provides coverage towards Hospitalization and increased payouts for ICU, Worldwide and Accidental admission. Moreover it also allows for features like Convalesce Benefit, Companion Benefit and Compassionate Benefit, with add on covers for Day Care, Accident Death and Critical Illness Benefit with annual coverage options ranging from INR 30,000 to 9 Lacs.

Announcing the launch, Sandeep Patel, CEO and Managing Director, Cigna TTK Health Insurance Company Limited said, "With the rise in the standard of living, hospitalization costs in the country have been increasing significantly. Pro Health Cash not only compensates for incidental expenses which may not be otherwise covered by health insurance, it also offers daily benefit for each day of hospitalization, anywhere across the world. The launch of this plan is an addition to our existing range of innovative products filling risk and coverage gaps for consumers across segments, adding another milestone towards our mission to improve the health, well-being and sense of security of the people we serve."

Pro Health Cash offers immediate access to Cigna TTK's online wellness program- Pro Active Living, including Health Risk Assessment, Targeted Risk Assessment and Lifestyle Management Programs to improve lifestyle.


Source: India Info line                                Dated: 19/10/2015
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