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Which among the following companies has launched an industry-first 'Global Health Care plan?

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UPSSSC PET Official Paper (Held on: 16 October 2022 Shift 2)
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  1. ICICI Lombard
  2. SBI Life Insurance
  3. HDFC ERGO
  4. Bajaj Allianz General Insurance

Answer (Detailed Solution Below)

Option 4 : Bajaj Allianz General Insurance
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Detailed Solution

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The correct answer is Bajaj Allianz General Insurance.

Key Points

  • Bajaj Allianz General Insurance has launched ‘Global Health Care.
  • It is a comprehensive health indemnity insurance product.
  • It provides cover to a policyholder for planned as well as an emergency treatment both in India and abroad.

Additional Information

  • ​HDFC ERGO General Insurance Company Limited -
    • It was established in the year 2002 to meet the insurance-related needs of the people.
    • Presently, the company operates in 89 cities in India and has more than 109 branches.
  • SBI Life Insurance -
    • It is established in 2001.
    • It is a joint venture between the State Bank of India and the French financial institution BNP Paribas Cardiff.
    • It has a diverse product portfolio with traditional life insurance plans, child plans, pension plans, and savings plans.
  • ICICI Lombard -
    • It is a general insurance company in India. 
    • It is engaged in general insurance, reinsurance, insurance claims management, and investment management.

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