Navi General Insurance launches 2-minute online health insurance

Navi General Insurance has recently launched a 2-minute online retail health insurance product, Navi Health. Customers can buy the health insurance policy through the Navi Health Insurance App by completing a quick online process that takes just two minutes, with the policy issued to them instantly on the app.

The product offers customizable health insurance cover ranging from Rs. 2 lakh to Rs. 1 crore for individuals and families. Claims can be initiated by calling the helpline, with most cashless claims being approved within 20 minutes.

Customers can make any number of claims in a year subject to the upper-limit of the sum insured opted for. Customers can also get reimbursed for treatment availed in any non-network hospital in India with claims settlement in 4 hours subject to complete documentation. The plan offers lifetime renewal without having to undergo medical check-up on each renewal, unless the customer wishes to enhance the sum insured on renewal. 100% of the base sum insured is automatically reinstated upon exhaustion once during each policy year. All processes are completely online with no agents involved.

Ramchandra Pandit, MD & CEO, Navi General Insurance, remarked, “With our health insurance offering, our objective is to radically simplify health insurance for individuals and families. From purchasing a paperless policy within minutes via the app, to easily understandable but comprehensive policies, to hassle-free claims settlement, Navi Health aims to completely change customers’ perception that buying and availing health insurance is complex and cumbersome. With more and more people preferring digital channels for all their needs, we believe our online health insurance product offering transparent benefits, speed, simplicity and convenience will be well received by customers.”