Star Health Insurance : Rural Healthcare Policy - Star Care..

Buoyed by a compounded annual growth rate of 36% in gross premium collection over the last 4 to 5 years, Chennai based standalone health insurer Star Health Insurance plans to expand its horizon by opening 300 more outlets in the next few months.

Mr. V Jagannathan,Chairman and Managing Director (CMD), Star Health Insurance said, “Our innovative products, easier settlement and highest hospital network for cashless treatment have made our company the fastest growing among the standalone health insurance companies”  

V Jagannathan,CMD,
Star Health Insurance.

It currently has 720 branches and close to 6,600 network hospitals across India. With the proposed branches, it will become a 1000-branch network, and will double this number in the next financial year.

To coincide with its expansion plan, it will launch a rural health care policy - Star Care with an annual premium of less than Rs. 2,000 for an insured sum of Rs. 1 lakh a year. As an added advantage, if the insured is admitted to a government hospital, the company will pay Rs. 1,000 a day for the insured during the period of hospitalisation.

The total claims ratio has come down to 60% so far this year, from nearly 65% last year, which is an indication that the company may make underwriting profit this year, he said.

Health insurance penetration in India is still low and there are plenty of opportunities for growth, said Mr. V. Jagannathan, who was formerly CMD of public sector giant United India Insurance Company.

The Manager - Customer Care,
Star Health & Allied Insurance Co. Ltd,
No.1, New Tank Street,
Valluvarkottam High Road,
Nungambakkam, Chennai - 600 034
Email : support@starhealth.in 

CALL at 24 x 7

 1800-425-2255 / 1800-102-4477 (Toll Free)

 044-28319100 (For Other Users).

STAR HEALTH AND ALLIED INSURANCE COMPANY LIMITED

Registered office: 

No.1, New Tank Street,
Valluvarkottam High Road, Nungambakkam,
Chennai - 600 034.

CIN :U66010TN2005PLC056649

Ph: 044-28288800 , Fax: 044-28260062 
Email: info@starhealth.in
Website: www.starhealth.in

IRDA Registration No: 129

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