Chandigarh, IndiaAnd February 1, 2023 /PRNewswire/ — Paul Retailers, a fast-growing NBFC headquartered in Chandigarhentered right into a partnership with Well being care insurance coverage To offer its prospects with varied medical insurance merchandise. The PML Gold Plus program which supplies group well being protection to prospects together with the gold mortgage was efficiently launched a month in the past.
At Paul Retailers, we serve shoppers from semi-urban to rural areas India By offering them with reasonably priced gold loans to satisfy their fundamental monetary wants. We’re happy to cooperate with you Well being care insurance coverageTo offer our prospects with complete healthcare and wellness options. Our insurance coverage merchandise will assist ease the monetary burden brought on by surprising hospitalizations or medical emergencies. Well being care insurance coverage He did exceptionally nicely with shoppers and gained good traction within the first month of our partnership,” mentioned Mr Rajneesh BansalManaging Director of Paul Retailers.
Prospects who obtain a Paul Retailers Gold Mortgage will probably be provided the “PML Gold plus Program” beneath which they’ll obtain group medical insurance protection. Prospects as much as the age of 65 can select the quantity insured 1 rupees lakh with private accident cowl, hospital money and stuck advantages cowl which can maintain EMI.
“We’re very happy to accomplice with Paul Retailers and stay up for offering personalized and complete healthcare options to their enormous and numerous consumer base,” mentioned El-Sayed. Ajay ShahDirector and Head of Retail Division, Well being care insurance coverage.
The partnership is growing a variety of insurance coverage merchandise along with the Gold Mortgage product for varied enterprise segments of Paul Retailers.
Being an IRDAI approved firm, Paul Retailers will supply varied different insurance coverage merchandise to shoppers. They are going to deal with all forms of insurance coverage resembling time period insurance coverage, journey insurance coverage, and automotive insurance coverage. With over 150 subsidiaries beneath the CoverPay model, and in affiliation with insurance coverage firms, they intend to insure their shoppers hassle-free.
expressing his views on this event mr Shibu ShirinPaul Retailers CEO Paul Retailers mentioned: “We’re continuously on the lookout for new and progressive concepts to offer our prospects with personalized options. And shortly, we could have some built-in options that will probably be delivered by means of our digital supply channels. In an effort to supply and supply a wide range of insurance coverage options, we have now collaborated with gladly Well being care insurance coverage. This collaboration will definitely improve our affect within the insurance coverage trade.
The official launch of the partnership passed off on Chandigarh. Current in The event was:
- the grasp Rajneesh BansalManaging Director Paul Retailers.
- the grasp Ashutosh ShrutriyaPresident of Product and Enterprise Operations, Well being care insurance coverage.
- the grasp Shibu CherianCEO, Paul Retailers Finance.
- the grasp Ritesh FayedDirector Paul Retailers.
- the grasp Malay BossAnd Director of the Strategic Alliance for Well being Insurance coverage.
- the grasp Digvijay SinghChief Enterprise Officer, Paul Retailers Finance.
- the grasp Rahul SanjuanAVP- Insurance coverage Gross sales.
About Paul Retailers
The 30-year-old Bahrain Inventory Trade-listed Paul Retailers Ltd launched Paul Retailers Finance in 2010 and owns a 100 per cent stake in it.
In a comparatively quick time period, Paul Retailers Finance has consolidated its place in North India. Underneath the NBFC license granted by Reserve Financial institution of IndiaThe corporate gives quick, easy and revolutionizing gold loans India By enabling people and small companies to comprehend their goals by means of a variety of monetary companies. In recent times, their enterprise has expanded enormously.
A one cease vacation spot for all monetary companies is now attainable because of the corporate’s diversification of its services. Cash transfers, pay as you go playing cards, and promoting insurance coverage are only a few of the various vital commodities.
About Well being care insurance coverage
Well being care insurance coverage It’s a specialist medical insurance firm that gives merchandise within the retail marketplace for well being, supplementary protection, private accident, maternity, worldwide journey and significant sickness insurance coverage. As well as, they provide group medical insurance, group company private accident insurance coverage, and microinsurance merchandise in rural markets, together with a full suite of well being companies. The corporate has repeatedly invested within the efficient use of expertise to realize excellence in customer support, product innovation, and value-for-money companies. The corporate bases its working philosophy on the core premise of “shopper centricity”.
On the Insurance coverage Alert Awards, 2021, Well being care insurance coverage Gained awards for being “Finest Well being Insurance coverage Producer” and “Finest Well being Insurance coverage Brokers”. Additionally on the FICCI Awards for Excellence in Healthcare, they had been awarded ‘Finest Medical/Well being Insurance coverage Product’.
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