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  • News From Press Bundled health and life cover plans can be cost-effective

    Bundled health and life cover plans can be cost-effective

    Source: Financial Express Aug 17, 2024

     

    Insurance companies are offering combo plans with life and health cover in a single policy. Policyholders have a single point of contact for all their insurance needs, making it easier to track coverage, pay premiums, and handle claims.

    In combo plans, policyholders are covered for both life-threatening events and medical expenses. This ensures that policyholders and their families are better protected in case of health emergencies or untimely demise. The combo plans include additional riders such as critical illness coverage, accidental death benefits, or waiver of premium benefits, which can provide added security and financial support.

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