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Our Bureau

Kochi , Nov. 30

Catholic Syrian Bank has launched a mediclaim policy, CSB Health Care Support, in association with the New India Assurance Company.

The launch of the scheme is just right since most customers would be looking out for better tax breaks towards the end of the financial year, along with medical insurance facilities, Mr N.R. Achan, Chairman of the bank, said over the phone.

The fee-based income of Catholic Syrian Bank is expected to go up substantially during the current year, since the bank has tied up with several mutual funds also for selling their products, Mr Achan said.

Cashless settlement of hospitalisation bills from over 1,800 hospitals nation-wide, reimbursement of hospitalisation expenses from other un-registered hospitals subject to some conditions, income-tax benefits up to Rs 10,000 under Section 80 D and lower premiums compared to individual mediclaim policies were some of the prominent features of the scheme.

Mr A.V. Muralidharan, General Manager of New India Assurance Company, introduced the new product to the audience in Thrissur, while Mr Achan presided over the meeting.

More Stories on : New Products & Services | Private Banks | General Insurance | Health

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