Karur Vysya Bank and Bajaj Allianz General Insurance have tied up with one another to launch a health card that will be stamped by both the brands. This card was formally launched on Friday, where K. Venkataraman, Chief Executive of Karur Vysya Bank, received the debut card as launching initiative.
Within the span of three months, the bank aims at covering the figure of 25,000 health cards for issuance. One of the senior official stated that this health card can be acquired by not just the bank’s customers but others also who wish to secure a health cover.
The age bracket for these health cards are 18 years to 65 years, where beneficiaries will be entitled to cashless service, hospitalization in case of accident and even benefits of death compensation, covered by more than 3,500 hospitals as specified by Bajaj Allianz. The authentic sources have claimed that reimbursements would be made within 14 days of documents’ submission.