Gurugram-based
Toffee Insurance, an InsurTech startup, has rolled out a first-of-its-kind
product “The Toffee Plan”, covering health, life and household all in a
bundle with bite-sized monthly payments.
This sachet insurance plan is introduced to the people on a Subscription Basis
at a monthly premium starting from a cost as reasonable as Rs. 600 backed by trusted Insurance Partners.
The
consumers don’t have to look for three separate insurance plans for themselves
and their family, exploring new policies for increased coverage, the concern of
piles of paperwork, jargon, etc.
Toffee
Insurance has designed the plan to be time and cost-efficient, covering various
verticals along with zero paperwork and hassle for the clients. This solution
by Toffee Insurance is backed by Tata AIG, Religare, ICICI Prudential, and
India First that provides a Health insurance cover starting from Rs. 3 lakhs
for each family member, Life Insurance starting from Rs. 50 lakhs and Household
Insurance starting from Rs. 1 lakh.
Also,
the plan also covers hospitalisation expenses rising from pandemics such as
COVID-19.
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