Tuesday, April 24, 2007

ICICI Prudential Life Expands Health Insurance Product Range

ICICI Prudential Life Insurance, India''s No. 1 private life insurer, has further expanded its health insurance portfolio, this time to cover over 1,000 surgical procedures and hospitalisation. With the launch of the new product, Hospital Care, the company moves into the realm of offering products that go beyond covering critical illnesses, and further strengthens its position as a significant player in the health insurance space.

Hospital Care is structured to ensure customers receive a pre-determined insurance amount for each procedure or hospitalization, even if they spend less. Further, its long-term design of a term between 10-20 years, assures policyholders the guaranteed cushion of insurance cover even if they make a claim during the term. Available for individuals between the ages of 1-60 years, this is one of the first products that will cover people up to the age of 80 years.

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