Minister of Sports and President of the Saudi Arabian Olympic Committee Prince Abdulaziz bin Turki Al-Faisal said that the Kingdom is proud to host this great international virtual festival.
Minister of Sports and President of the Saudi Arabian Olympic Committee Prince Abdulaziz bin Turki Al-Faisal said that the Kingdom is proud to host this great international virtual festival.
The Saudi Arabian Olympic Committee has launched a new campaign to
encourage and promote inclusion, equality, and non-discrimination
prior to next month’s United Through Sports World Virtual Youth
Festival.
Insurers may cut premium for healthy customers
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This story is from December 12, 2020
Insurers may cut premium for healthy customers
Mayur Shetty / TNN / Updated: Dec 12, 2020, 12:51 IST
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MUMBAI: With the insurance regulator recently allowing life companies to incorporate wellness into their policies, life insurers are working on ways to reward healthy behaviour by policyholders on an ongoing basis.
Tata AIA Life Insurance plans to bring its foreign partner’s ‘Vitality’ programme to India, while Max Life has incorporated wellness into a critical illness rider that it launched this week. The private insurer’s ‘critical illness and disability rider’ comes along with a ‘Max Fit’, a comprehensive wellness app designed to lead customers on a path of protection through holistic fitness and wellness.
Max Life launches new plan covering 64 critical diseases
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The latest critical illness and disability rider from Max Life Insurance Co. Ltd covers up to 64 critical illnesses, which is one of the highest in the industry. A rider is an add-on cover to a life insurance policy, paying a defined benefit in case of critical illness or disability. It can be attached to any of Max Life’s 11 savings-oriented or pure protection plans.
Along with the rider, the insurer, on Tuesday, launched Max Fit, a wellness programme offering discounts on renewal premium on maintaining a healthier lifestyle. Some of the critical illnesses that the rider covers are angioplasty, open heart replacement or repair of heart valves, permanent paralysis of limbs and Alzheimer’s disease.