TATA AIG General Insurance Company Limited, a leading general insurance provider in India, recently announced the launch of five new riders offering more than 60 benefits, aimed at enhancing the flexibility and comprehensiveness of its retail health insurance products.
As medical costs continue to rise and healthcare needs evolve, these riders are designed to provide customized protection, addressing emerging health concerns and lifestyle changes. The launch reflects TATA AIG’s commitment to advancing growth in the health insurance sector by offering innovative and pertinent solutions for its customers.
The new riders—Mental Wellbeing, Empower Her, OPD Care, CanCare, and Flexi Shield—are tailored to meet critical healthcare needs, such as mental wellness, female health and cancer coverage. Empower Her Rider focuses on comprehensive healthcare issues of females, like infertility, PCOS and other gynaecological concerns, while Mental Wellbeing introduces industry-first mental health preventive screenings and rehabilitation coverage.
CanCare provides enhanced cancer protection, OPD Care and Flexi Shield ensure customers are protected against rising medical costs and everyday health expenses.
Pratik Gupta, Senior Executive Vice President & Head of agency at TATA AIG emphasized the company’s commitment to innovation and growth: “The launch of these new riders is a critical step in our strategy to accelerate growth in the health insurance segment. We are focused on driving expansion across India, particularly in tier 2 and 3 cities, where healthcare access and awareness are rapidly increasing.
By scaling up our network of branches, agents, and hospital partners, we aim to make quality healthcare more accessible to millions, supporting our projected growth in health insurance
EmpowerHer: Dedicated rider for comprehensive female health concerns, including PCOS, infertility, gynaecological issues, female-specific cancers and many more. It also includes preventive care coverages such as cervical cancer vaccinations.
Mental Wellbeing: Industry first coverages for mental health concerns that include preventive mental health screenings, psychological therapy, and rehabilitation services, with a focus on early and timely intervention.
CanCare: Expanded cancer coverage with lump sum payment of the sum insured on the diagnosis of cancer of specific severity.
OPD Care: Covers outpatient expenses like doctor consultations, diagnostics, pharmacy bills, and vision care, ensuring that the day-to-day health needs are met.
Flexi Shield: Designed to protect policyholders against medical inflation, offering unlimited restoration of sum insured with Restore Infinity+ and an Inflation Shield for protecting enhancing sum insured against rising medical cost, as well as other premium benefits like International second opinion, day 31 cover for pre-existing disease/s, worldwide hospital cash and many more.
