Bajaj Allianz General Insurance, India’s leading private general insurer has launched a new health insurance product called M-Care. It covers 7 major vector borne diseases namely Dengue, Malaria, Chikungunya, Kala Azar, Japanese Encephalitis, Filariasis and Zika Virus. Designed to be a benefit policy, it offers various coverage options that range between INR 10,000 to INR 1,00,000 at nominal price that vary from INR 160 to INR 3,000. 


The USP of the product is that it offers cover in major countries world over and the diagnosis and treatment is payable in 37 listed countries such as USA, entire Europe, New Zealand, Singapore, Malaysia, Japan, Canada, Dubai, Hong Kong and the countries of EU. The cover can be opted on both individual and family basis. The family floater basis cover offers coverage for up to six members, which can include one’s parents, spouse and children (0 – 25 years of age).


Tapan Singhel, MD & CEO, Bajaj Allianz General Insurance said “In India, a significant number of people get diagnosed and hospitalized due to vector borne diseases. Hence, we have introduced a cover that is easy to understand, affordable and pays customers upfront in case of a claims scenario.”


“We have seen significant increase in the number of people falling ill due to these vector borne diseases.  This year in India, more than 3 Lakhs cases of Malaria and 80,000 cases of Dengue were reported. Such big numbers indicate that cases of vector borne diseases are still largely prevalent in our country and making it a big area of concern,'' he explained.