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Mumbai, March 5 Max New York Life insurance expects to sell around 2.5-3 lakh health insurance policies by the end of the calendar year 2008.

The company has launched a series of health insurance plans called ‘Lifeline’. The plans offer insurance coverage for hospitalization, surgeries and critical illnesses.

Mr Gary Bennett, MD and CEO, Max New York Life, said that in the future he expected health insurance to account for 30 per cent of the company’s total premium.

The ‘Medicash’ plans offer cash for hospitalization, ICU admission, recuperation benefit and a lump sum benefit against an unlimited number of surgeries. The ‘Wellness’ plan insures up to38 critical medical conditions including Alzheimer’s , cancer and heart ailments.

The ‘Safety Net’ insures against critical illnesses, accidents, disability and death.

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