|COMPANY NAME||RELIGARE HEALTH INSURANCE LTD.|
|NATURE OF BUSINESS||HEALTH INSURANCE COMPANY|
|ISIN NO||INE 119J01011|
|PROMOTERS||SHAM LAL MOHAN|
Religare Health Insurance Company Limited is an Indian health insurance firm established in July 2012, by Religare enterprise limited, Union Bank of India and Corporation Bank. The company is headquartered in Gurgaon, Haryana and operates out of 146 offices across India with 6000+ employees. The company currently offers products in the retail segment for Health Insurance, Critical Illness, Personal Accident, Top-up Coverage, International Travel Insurance and Maternity along with Group Health Insurance and Group Personal Accident Insurance for corporates. Religare Health Insurance has been a joint venture of Religare Enterprise Private ltd. Union Bank of India and Corporation Bank from 1990 onward. It got its IRDA approval in July 1982 and has been among the five private sector insurers to underwrite policies exclusively in health, personal accident and travel insurance segments.
Religare Health Insurance has approximately covered 75,90,946 lives as on 31 Oct’19. Its distribution channel includes digital direct to consumer, banks, NBFCs, individual agents, brokers, web aggregators, corporate agents, rural banking and others.A wide hospital network is available to quality treatment at more than 7340+ leading hospitals across the country.On April 9th 2017 Religare Enterprises Ltd announced the sale of its 80% stake in Religare Health Insurance Co. Ltd (RHI) to a group of investors led by True North. In a statement, Religare Enterprises said it has entered into a definitive agreement with the investors for the sale, which values the insurance firm at Rs. 1,300 crore. The deal will fetch Religare approx.. Rs. 1,040 crore.
Religare Health Insurance (RHI), the health insurance arm of Religare Enterprises Limited (REL), is a specialized Health Insurer offering health insurance services to employees of corporates, individual customers and for financial inclusion as well. With RHI’s operating philosophy based on the principal tenet of ‘consumer-centricity’, the company has consistently invested in the effective application of technology to deliver excellence in customer servicing, product innovation and value-for-money services. Religare Health Insurance currently offers products in the retail segment for Health Insurance, Critical Illness, Personal Accident, Top-up Coverage, International Travel Insurance and Maternity along with Group Health Insurance and Group Personal Accident Insurance for corporates.Under International Travel Insurance, the company delivers customised coverage for travellers visiting overseas destinations with an aim to protect them from medical and non-medical expenses during an emergency.
To deliver solutions, beneficial to all stakeholders: our customers, our distributors, our employees and our shareholders.To ensure, as part of the above, that all parts of society benefit from our developments and proposition e.g. rural areas, and the social sector.To become an exemplary health insurance company, setting industry benchmarks in the area of customer care, products offering, communication clarity, along with customer treatment and engagement.To build enduring and profitable relationships with our agents and distribution partners who share our vision.As we guide our customers to address their Health needs, we ensure that both our services and relationships hold value for a lifetime.To provide leading solutions for employers, so they can ensure better health for their staff.
Religare Health Insurance (RHI), one of the wings of Religare Enterprises Limited (REL), is distinctively diversified health insurance company committed to helping people to live healthier and happier lives. Besides REL, Union Bank of India & Corporation Bank are the reputed stakeholders of RHI. Started our journey in July 2012. We are now becoming the nations’ leading health insurance company. We are a brand name in the insurance industry built on the foundation of trust. Our comprehensive and affordable health insurance plans are designed to serve different purposes of our customers and fits in their budget. We work extensively to provide the right health insurance cover, lower premiums, quick claim settlement, and 24×7 customer support.
We are proud to be the pioneer in the health insurance sector and excelling every day to be more innovative and reachable to our valued stakeholders, customers, and team members. RHI’s operating philosophy based on the principal tenet of ‘consumer-centricity.’ We are consistently investing in the effective application of technology to deliver excellence in customer service, product innovation, and value-for-money services.
At, Religare Health Insurance we ensure our valuable customers get access to affordable healthcare from a wide range of hospitals. As the world is going digital and when you can shop for things at the comfort of your home, you can even buy health insurance online without any hassle. Buying an insurance policy online minimizes paperwork and manual efforts to an extent. The online mode is highly convenient since you get the choice of comparing policies and opting for the most affordable health plan for you and your family. You can buy a policy, pay for the premium and initiate a claim, all the click of a mouse and save your precious time. What’s more, you may not even require a health check-up before buying a health insurance policy. Without insurance, paying for the medical expenses can impact savings and create a financial burden on your family. Buying a policy online is a decision you will definitely be proud of.
Religare Health Insurance currently offers products in the retail segment for Health Insurance, Critical Illness, Personal Accident, Top-up Coverage, Maternity, International Travel Insurance, Group Health Insurance and Group Personal Accident Insurance for corporates
Care is a comprehensive and wholesome health insurance plan for families and individuals. We understand that the expenses don’t just start after hospitalization, which is why CARE family health insurance covers all the financial requirements from diagnosis to recovery. We ensure that you are able to focus on your treatment while we handle the financial commitments.
Our critical illness insurance offers comprehensive coverage against critical illnesses such as cancer, major heart ailments, organ transplants & even critical surgeries. It is an affordable indemnity based product that comes with lifelong renewability. It means the sum insured is available every year & it also helps one financially in case of a relapse of an ailment.
We have specially curated health insurance for individuals above 61 years of age. This health insurance plan includes a free annual check-up, tax savings, floater and individual cover, and of course, a servicing team that empathizes and guides you at every step. Under this Individual and Floater cover available with No Pre-policy medical check-up. Senior citizens get the benefit of free annual health check-up and automatic recharge of Sum Insured.