Aster, RAK Insurance unveil NRI family protection plan

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Aster, RAK Insurance unveil  NRI family protection plan
From left Shyam Sankar , Head of Bancassurance - RAK Insurance,TJ Wilson - T.J Wilson - Executive Director and Group Head - Governance & Corporate Affairs of Aster DM Healthcare, Dr.Azad Moopen - Founder Chairman & MD of Aster DM Healthcare , Indian Ambassador to the U.A.E. HE Shri TP Seetharam,Sam Gosh - Group Chief Executive Officer, Reliance Capital,Andrew Smith, Chief Executive Officer, RAK Insurance

Dubai - For a family of five including parents above 60 years old, the annual cost a comprehensive scheme could be around Dh2,400.

By Issac John

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Published: Mon 22 Feb 2016, 2:47 PM

Last updated: Tue 23 Feb 2016, 12:42 AM

Aster DM Healthcare and RAK Insurance announced on Monday an affordable life and hospitalisation insurance scheme for non-resident Indians in the UAE.
ARISE, the first NRI protection plan of its kind offered outside India to benefit the community, allows NRIs to extend care to their families in their home land.
Designed to protect NRIs and their families from unexpected expenses brought by situations needing medical attention like illness or accidents, ARISE ensures access to quality healthcare and service across more than 5,500 numbers of hospitals networks in

Key points on ARISE:
-It is the first NRI protection plan of its kind offered outside India.
-The scheme is available to NRIs in the UAE first.
-Provides access to services across more than 5,500 hospitals networks in India.
-The annual cost of the scheme could be around Dh2400.
-Provide accident protection and life coverage.
-The plans come in Silver, Bronze, Gold and Platinum packages.
India besides accident protection and life coverage.
 Typically, for a family of five including parents above 60 years old, the annual cost a comprehensive scheme could be around Dh2,400.
  The plan  can be available through any hospitals in the network of the third party administrator but benefit from the coverage of outpatient consultation that are exclusive in the hospital networks of Aster DM Healthcare at Maharashtra, Andra Pradesh, Karnataka and Kerala.  
Developed by RAK Insurance, the plans come in Silver, Bronze, Gold and Platinum packages mainly covering worldwide personal accident and hospitalization riders with different schemes depending on the chosen package for the NRI and their families in India.
Indian Ambassador to the UAE TP Seetharam said ARISE is "a good example on how we can encourage our fellows to prepare for the future and be protected when an unfortunate situation comes.
 Initially, the scheme is available to NRIs in the UAE, but will be introduced in  other GCC countries, he said. 
 The plan can be availed online via www.ariseinsure.com/ www.rakinsurance.com.
issacjohn@khaleejtimes.com
 


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