Apollo Munich Health Insurance launches Health Wallet

Apollo Munich Health Insurance, launched a health insurance plan, Health Wallet, which caters not only to the customers’ hospitalisation and OPD expenses, but also ensures affordability of continuing the policy in their golden years. On offer along with the Health Wallet plan is a ‘Reserve’ benefit that continues to grow and earn for the customers and helps them secure their retirement, said Antony Jacob, CEO, Apollo Munich Health Insurance. “Reserve benefit has been designed to ensure that your money does not get wasted. The most interesting part is that it lets your money earn for you,” said Jacob. Every year, the unused reserve amount gets carried forward, and earns a 6 per cent bonus. The accumulated reserve kitty can, in turn, be used to pay up to 50 per cent of the renewal premium, post five continuous renewals.