ICICI Lombard in partnership with Freepaycard, an online pre-paid card trading platform, has launched Group Safeguard Insurance. This strategic partnership will make the bite-sized health insurance solutions, designed specifically for Freepaycardmembers, available at its multi-category partner retail outlets. Freepaycard members can add these health solutions on the go while shopping for other essential goods or services.
The plan will be offered to the members of Freepaycard, allowing them to receive an assured amount in case of any injury or hospitalization for treatment. The insurance offering is a customized hospitalization product that comes in three variants – Hospital Daily Cash Benefit, Death Benefit, and Special Vector-borne Disease-related Hospitalization Benefit.
Important takeaways for all competitive exams:
- ICICI Lombard CEO: Bhargav Dasgupta.
- ICICI Lombard Headquarters: Mumbai.