IIFL Wealth to offer global health cover to HNI clients

IIFL Wealth has collaborated with ManipalCigna Health Insurance Company to offer global health insurance coverage to HNI clients.

The insurer offers health coverage with sum insured of USD 2.5 million i.e. Rs.17.87 crore per individual. The product offers ‘cashless’ access to healthcare facilities and hospitals across the world to IIFL Wealth customers, including international emergency evacuation and medical repatriation services. The plan also provides cover for outpatient care including consultations, prescribed drugs, diagnostics and wellness. The policy offers cover for AIDS/ HIV, dental & vision, travel vaccination, health appliances with multiple deductible options.

In a press release, Prasun Sikdar, Managing Director and CEO, ManipalCigna Health Insurance Company said, “We are confident that our global health insurance solutions will meet the unique health needs of IIFL Wealth’s high net worth customers - giving them access to the best medical care, anywhere around the world.”

Karan Bhagat, Founder, MD & CEO, IIFL Wealth Management said, “The Global Health Insurance cover offered by ManipalCigna to our clients fits perfectly into our bouquet of wealth management services. Given ManipalCigna’s vast experience in providing high standards of healthcare, our clients can rest assured in the knowledge that their medical needs and well-being will be taken care of across the world.”

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