This health insurance company was established in 2007 formed under the collaboration of Apollo Hospitals group and a German reinsurance company- Munich health. It was the first standalone health insurance company that entered the market after the Indian health insurance companies were liberalized.
This private sector health insurance company has about 100 offices all over India and is an employment space of over 2200 people. It has been certified by ISO 9001:2008 for its services provided in Device, Distribution, and Servicing of products in health insurance.
A wide range of services is available, catering to everyone’s needs from a single individual to his whole family under the same coverage. Keeping in mind that the needs and preferences of senior citizens can differ from other sections, separate policies are available for them too.
Working under the tagline of “Let’s uncomplicate”, Apollo Munich Health Insurance works towards simplifying things and bringing transparency in the process of providing health insurance to its customers by combining various marketing, strategic and social initiatives.
The various awards that it has won add to its well-established credibility and competence in the field:
The various innovative schemes developed by it for the sole benefit of people have also gained recognition:
Although there is a wide range of services provided, keeping in mind the benefits of the customers, the following few provide a glimpse into it:
Minimum age- 5 to 18 years (depending on the plan)
Maximum age: 65 years
1 or 2 years
Minimum Sum Assured:
4 lakhs to 50 lakhs
The various schemes under this plan are:
Entry Age: 61 years and above
Sum Assured: 2-5 lakhs
Coverage type: Individual
Waiting Period: 3 years
Grace period: 30 days from date of expiry to renew policy
Entry Age: 91 days to 65 years
Policy Term: 1-2 years
Total Sum Assured:
1 lakh to 50 lakhs
Premium Payment Mode: Debit card, Credit card, Cheque
This plan provides coverage of several types:
Entry Age: 5- 69 years
Policy Term (in years): 1 year
Total Sum Assured: 10 times of total annual income
Premium Payment Mode: Debit, Credit, Cheque