The Federal Bank and Aditya Birla Health Insurance Co. Limited (ABHICL) entered into a Bancassurance Partnership. As a part of this alliance, Federal Bank will provide to its customer’s innovative health insurance solutions offered by ABHICL. Customers of Federal Bank will have facilities like Day 1 cover for asthma, high blood pressure, high cholesterol, diabetes, coaching on nutrition etc.
Customers will have access to ABHICL’s industry-first innovative solutions such as, Day 1 cover for asthma, high blood pressure, high cholesterol, diabetes; wellness coaching on nutrition and fitness; counselling on mental health; incentivized wellness benefits of up to 100% Health Returns TM (health premiums) and chronic management program, etc. Consumers can avail of benefits of various retail and group affinity products through the Bank’s various distribution channels.