Apollo Munich—a pure health insurer

Apollo is the most popular healthcare group in Asia. People are quite aware of this word as it is believed that it is believed to have expertise in the field of healthcare, because of a team of highly qualified and dedicated staff that offers best quality healthcare service. Few years ago, the Apollo Group of Hospitals decided to enter the health insurance sector in India and thus, joined hands with Munich Health, new business part of Munich Re, Europe’s leading insurer.

It led to the foundation of Apollo Munich. The company was set up with the objective to Uncomplicate health insurance for the people of India and is working in the same direction. It promises its customers to take the fear out of faces, the jargon out of words, the bitter out of medicines and the trouble out of treatment. Apollo Munich is looking forward to offer coverage to more than 500 million people over next 5 years.

The company has adopted a unique ideology of identifying people’s health needs and then designs the product accordingly. Its newest product Optima Cash is designed after identifying the need of coverage to additional hospitalization expenses. Optima Cash is a daily cash hospital benefit plan that pays a Lumpsum payment to an insured, depending upon the number of days he/she is hospitalized.

Apollo

Nowadays, we can see several joint ventures between the Indian healthcare organization and non-Indian Company starting up to explore the untapped potential in health insurance sector in India. One such joint venture is between the Apollo Group of hospitals and Munich Health. Apollo Group of Hospitals has earned good name and fame in Asia for providing the best healthcare services to their patients. On the other hand, Munich Health, new business segment of Munich Re, takes care of healthcare insurance in Germany.

Apollo Munich, under the guidance of both these partners, has emerged with the aim to Uncomplicate health insurance in India. The company promises its customers to take the fear out of faces, the jargon out of words, the bitter from medicines, the confusion from claim and the trouble from treatment. As a result, the company has designed plans with easy and simple policy wording so that people can understand their coverage limit and can buy the plan accordingly.

Apollo Munich ahs brought several health isnaurcne, accident insurance and travel insurance products to offer coverage to people for health issues arising due to sickness, accident and traveling respectively. All these plans are well thought and designed. They bring along with them a long list of benefits and facilities to offer complete coverage to an insured.