Data from Allied Market Research indicates that the Indian dental insurance industry would be worth $ 3.65 billion by 2030
PNB MetLife India Insurance launched the PNB MetLife Dental Care Plan, the first insurance plan in India that covers fixed-benefit outpatient expenses and provides financial assistance with costs related to overall dental health.
To provide convenience to its customers, PNB MetLife has tied up with more than 340+ dental clinics, including Clove Dental and Sabka Dentist, two of India’s largest dental clinic chains with clinics across key cities in India, where policyholders can enjoy the full value of their benefits.
Ashish Kumar Srivastava, MD & CEO, PNB MetLife, said, “Dental treatment is expensive due to the requisite skill, specialized infrastructure, and impact of inflation. People spend a lot of money and pay out of their own pockets for dental procedures.”
Data from Allied Market Research indicates that the Indian dental insurance industry would be worth $ 3.65 billion by 2030.
According to the Indian National Oral Health Survey, 90% of adults have oral health issues and most dental visits are for treatment of dental problems such as gum infection, decay, tooth loss, loosening of teeth, and significant dental infection and vascular damage. Several studies have even linked dental health to some chronic disorders such as diabetes and stroke.
Key features of the Dental Care plan:
-Access to insurance without having to face the hassles of overnight hospitalisation,
-Fixed benefits ranging from Rs 350 to Rs 7500 per procedure and a sum assured of up to Rs 50,000,
-Cashless facility and simplified claims process,
-Pays fixed benefits for the specific outpatient and accidental dental procedures.
This plan complements any current health insurance plan in the market, such as Mediclaim or Critical Illness, in which the dental benefits are either uninsured or paid after minimum hospitalization of 24 hours.