BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which among the following insurance comapany and Apollo Munich Health have come together to launch ‘Click2Protect Health plan’, which provides both life and health cover under a single plan?
A
Aviva Insurance company
B
MetLife insurance company
C
Sun Life Financial
D
HDFC Life Insurance
Explanation: 

Detailed explanation-1: -Features and Benefits. Restore benefit – A unique benefit that automatically reinstates the basic sum insured in case you exhaust it in a policy year. Multiplier benefit – Your basic sum insured will be increased by 50% for every claim free year upto 100% of basic sum insured.

Detailed explanation-2: -What is a combo insurance plan? Combo insurance plans are life insurance solutions that combine the benefits of two or more policies so that multiple insurance needs, and the investment and savings goals of the policyholder can be met through a single policy.

Detailed explanation-3: -HDFC ERGO General Insurance (formerly known as Apollo Munich Health Insurance) ranks among top private-sector health insurance companies in India.

Detailed explanation-4: -The merger of HDFC ERGO Health Insurance, which was earlier known as Apollo Munich Health Insurance, with HDFC ERGO General Insurance, has been completed with the approval from the Insurance Regulatory and Development Authority of India (IRDAI).

There is 1 question to complete.