Liberty Videocon General Insurance announced Liberty Health Connect Policy

Liberty Videocon General Insurance 

announces its foray into 

                     Health Insurance                                      

‘Liberty Health Connect’

New health insurance policies 
to target ‘individuals’ as well as ‘families’

Mumbai: Liberty Videocon General Insurance Company Limited (www.libertyvideocon.com), a joint venture between the Videocon Industries Limited and Liberty City state holdings PTE Ltd, a group Company of US based Liberty Mutual group, a leading global insurance group has announced today its entry into health insurance by launching ‘Liberty Health Connect Policy’.

Liberty Videocon’s new offering focuses on the current and emerging needs of customer further aligning with the company’s objective of being responsible and making its consumers’ safe and secure.

‘Liberty Health Connect Policy’, aims at reducing the financial burden incurred by our customers during a medical exigency thereby letting them concentrate on their recovery and well-being. Speaking on the occasion of the launch, Mr. Roopam Asthana, Director & Chief Executive Officer, Liberty Videocon General Insurance said, “With the introduction of these products, we aim to provide our customers with accessible and affordable tools for meeting their healthcare needs during unexpected situations thereby leading to healthy and safe living.”

This is a comprehensive health insurance product which provides wide coverage with minimal exclusions and sub limits. The customer will also have the option to choose between a one year and a two year policy tenure for individuals and family and can avail tax benefit under Section 80 D.

‘Liberty Health Connect Policy’ will be available nationally through network of Liberty Videocon General Insurance’s advisors and distribution partners and branches along with 24 X 7 Claims support.

Liberty Health Connect Policy

It is an open, comprehensive health insurance policy that covers illnesses and emergencies, surgical treatments, and hospitalization under various plan variants. These health insurance plans safeguard against financial impact of health hazards to individual and family.

Key features of Liberty Health Connect Plan are:

It has Flexi Policy term, Restoration of sum insured, assured renewal for life, attractive  renewal benefit, no sublimit on hospital room rent, unique loyalty perk benefits and plan variants to choose from.

About Liberty Videocon General Insurance Company Limited

Liberty Videocon General Insurance Company Limited (www.libertyvideocon.com) is a joint venture between the Videocon Industries Limited and Liberty Citystate holdings PTE Ltd, a group Company of US based Liberty Mutual group, a leading global property and casualty group. Liberty Mutual Insurance was founded in the year 1912 and now is a diversified global insurer and has over 900 offices over the world.

With Liberty Mutual’s 100 years of supervision in the insurance industry globally, Liberty Videocon General Insurance Company Limited is here with a vision to build a customer centric business to address the distinct needs of individual and corporate customers.

About Liberty Mutual Insurance

"Helping people live safer, more secure lives" since 1912, Boston based Liberty Mutual Insurance is a diversified global insurer and the third largest property and casualty insurer in the U.S. based on 2012  direct premiums written as reported by the National Association of Insurance Commissioners. Liberty Mutual Insurance also ranks 81st on the Fortune 100 list of largest corporations in the U.S. based on 2012 revenue. As of December 31, 2013, Liberty Mutual Insurance had $121.3 billion in consolidated assets, and $38.5 billion in annual consolidated revenue. Liberty Mutual Insurance offers a wide range of insurance products and services, including personal automobile, homeowners, workers compensation, property, commercial automobile, general liability, global specialty, group disability, reinsurance and surety. Liberty Mutual Insurance (www.libertymutualinsurance.com) employs over 50,000 people in more than 900 offices throughout the world.

Videocon Group

The Videocon Group is a $9 billion, global business conglomerate with a strong presence in Global Oil and Gas, Consumer Electronics, Retail, Telecom, DTH pay TV and the Power sector. The Videocon group has constantly leveraged a culture of innovation to develop a range of market re-defining products. The Group has emerged as the largest and most successful global Oil and gas explorer in the world from the Indian Private sector through initiatives in Mozambique, Brazil Indonesia and Others. The Group is rated among India’s Top 15 private Business Houses and is listed among the 100 Emerging Giants of the World according to a Boston Consulting Group study in addition to being rated amongst the Top 15 of India’s ‘buzziest brands’ by agency faqs in 2010.