Drumroll, please: Policybazaar and Niva Bupa launch the insurance plan we all need

Insurance is every individual’s social responsibility. Yet, we all know someone who hesitates from fulfilling this responsibility. Reason? It can be tedious if you don’t have the right tools. 

Addressing this need gap, Policybazaar joined hands with Niva Bupa and Tata AIA to launch a product that gives customers all they need - and a little bit extra, that too with utmost convenience. This almost-too-good-to-be-true insurance plan is called Wealth+Health. 

A filmy build-up

It was all cheers in the air as this product was unveiled at Policybazaar’s corporate headquarters. In a very filmy manner, the MD & CEO of Niva Bupa, Mr. Krishnan Ramachandran explained that while we are born only once, we die only once, and we find true love only once – unfortunately, we all fall sick repeatedly. And that exactly is why we all need to be adequately insured.

Features that fit - like legos

The leaders from Policybazaar, Niva Bupa, and Tata AIA unveiled the five most exciting features of this product with a LEGO activity. Each feature was revealed with a bang using a LEGO block and the benefits of the product were talked about in detail. The launch event also included a Q&A session with our enthusiastic PB partners and the participants were rewarded with exciting prizes.

Wondering what sets this product apart? The hero feature of this plan is that it is ageless. You will have to pay the applicable premium as per the same age for blocks of 10 years. It is also an excellent tax-saving tool that addresses Sections 80C, 80D, and 10 (10D). What’s more? The policyholder will receive double the amount of premium invested at the time of maturity even if the funds grow at an 8% rate.

At the launch event, Yashish Dahiya, Chairman and CEO, PB Fintech, said, “I want to start by thanking our insurer partners Niva Bupa Health Insurance and Tata AIA, who have been extraordinary friends to Policybazaar over the last few years. We are certain that this consumer-first initiative will be a big contributor to Policybazaar’s journey of ensuring #HarFamilyHogiInsured.”

A musical conclusion

The event concluded with a euphoric team-building drumming exercise for all the attendees. This fun, employee-engagement activity was designed to highlight the importance of synergy in a partnership.

Sarbvir Singh, President & CEO, Policybazaar.com, said, “We identified the changing consumer need for a wholesome solution that unifies the benefits of life insurance, health insurance, and investment. Every aspect of the plan has been meticulously crafted with a consumer-first approach to help strengthen the policyholder’s financial safety net.”

At Policybazaar, consumer-centricity and pioneering innovation are at the center of everything we do. This product — and its grand launch — is a step in the same direction.