Nabil Bank introduces biggest health coverage for its customers; claim of Rs 3 lakh on diagnosis of fatal disease
Nabil Bank in association with Metlife Insurance has brought an insurance plan whereby the savings account holders will be receiving insurance coverage of Rs 3 lakh in case they are diagnosed with fatal disease and a term life insurance of Rs 75 thousand in case of death of the account holder.
The insurance coverage was made effective from Mangsir 09, 2075 amidst a press meet. The minimum requirement for the account holders to be eligible for the coverage are:
Minimum balance of NPR 25,000 throughout the period
Age between 16 to 64 years
The insurance coverage will be provided for fatal diseases, which are listed as:
- Major Cancers,
- Strokes,
- First Heart Attack,
- Serious Coronary Artery Disease,
- Heart Valve Surgery,
- Primary Pulmonary Hypertension,
- End-Stage Lung Disease,
- End-Stage Liver Failure,
- Fulminant,
- Hepatitis,
- Kidney Failure,
- Coma,
- Aplastic Anaemia
- Major Organ/Bone Marrow Transplantation
Speaking at the program CEO of Nabil Bank, Mr Anil Shah said, "We have to pay a sum of around 12 to 13 crores as premium to the insurance company, but we won't be charging anything to the customers. So rather than a product, this is our way of saying Thank you to our valued customers who have been with us." He added, "The major problem that we see today in medical insurance is that first we have to pay ourselves, collect the bills and then the insurance company will pay us later. So to fill in that gap, the saving account holders with a minimum cash balance of Rs 25,000, upon getting sick can visit any hospital of their choice, do a thorough diagnosis and if in case they are seen with any of the disease listed above, they can bring the doctors' verified certificate to the bank and Rs. 3 lakh will be deposited in your account within 15 days of diagnosis. After that you can spend that Rs 3 lakh in any activity related to your treatment be it transportation, medicines, surgery etc.. That is the ease we want to provide our customers."
Similarly GM of MetLife Insurance, Mr. Nirmal Kajee Shrestha added a few words in the occasion.
