Dubai: The New India Assurance Company Ltd has launched health insurance products catering to individuals and families in Dubai and Northern Emirates.
Euromed Silver Plus, Gold Plus and Diamond Plus are new variants compliant with Dubai Health Authority (DHA) that cover maternity, pre-existing disease cover and dental treatments with a focus on treatment in the UAE.
"New India Assurance will have inclusive participation in all countries of operation and this launch comes at a time when DHA has made health insurance compulsory for all in phased manner," said K Sanathkumar, Director and General Manager.
An additional feature is optional travel cost reimbursement to home country to avail in-patient treatment.
"The price is an attractive feature for all prospects, he said. Middle East, particularly GCC, is a significant market for us and our focus will now be to increase our presence in this market and to grow our business by offering our products to a multinational clientele in the region," he said.
"In 2014, the New India Assurance business in Dubai alone in terms of gross premium was to the tune of Dirham 203 million and in the UAE it was Dirham 285 Million.
"The New India Assurance declared 150 per cent dividend to its shareholders last year and is confident that with the strong economic trends and boom in sectors like property, construction etc..., we are bound to grow further," he further added.
The New India Assurance operates in 27 countries through their branches and agencies and has three subsidiary companies and four associate companies.
Across the GCC, The New India Assurance has five branches - two in the UAE, one office each in Oman, Kuwait and Bahrain.
GCC countries include Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.
PTI
First Published: Thursday, May 21, 2015, 14:04