News From Press Magma HDI forays into health insurance with OneHealth policy

Magma HDI forays into health insurance with OneHealth policy

Source: TOI Nov 29, 2017

Non-banking finance company Magma Fincorp has forayed into health insurance business through its joint-venture Magma HDI General Insurance Co (Magma HDI).
Magma HDI, a joint-venture between Magma Fincorp and Germany's HDI Global SE, announced the launch of 'OneHealth' health policy today.
"There is an increasing prevalence of lifestyle diseases in India where one out of four Indians at risk of dying from non-communicable diseases...keeping in mind modern lifestyle and increase in lifestyle diseases we designed this policy to meet the need of customer and his entire family," said Rajive Kumaraswami, MD and CEO, Magma HDI.

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