Talwalkars Partners with Aditya Birla Health Insurance to Launch FIT-Fitness Insured Totally
First of its kind service offered by any fitness
organisation
Personal Accident cover of 10 lacs (Death &
Permanent Total Disablement) & Critical Illness cover of
1 lacs covering 15
illnesses
This initiative is implemented across
major cities having prominent presence of Talwalkars.
by Shrutee K/DNS
Mumbai-Pioneers of the fitness industry in
India, Talwalkars has ventured into a first of its kind partnership with
leading insurance player Aditya Birla Health Insurance Co. Limited (ABHICL) to
launch FIT- Fitness Insured Totally. The program offers the enrolled members a complete package of fitness at
the centres and insurance for any illness or injury contracted post the
enrolment. This initiative stands true to Talwalkars vision of offering holistic
services to their members.
On the occasion, Mr Aditya Dhillon, Head of Business Operations shared,
“We, at Talwalkars, have always endeavoured to offer the best for our
customers. This initiative is a step in the same direction, as we genuinely
care for our members, beyond just providing the space and equipment to
exercise. At present, we have opened the plan in three major cities, and plan
to expand it further in next two quarters. We are glad to partner with the
forefront insurance company, Aditya Birla Health Insurance Co. Limited, where
we are assured of only the best.”
Mr. Mayank Bathwal, CEO, ABHICL said “We are extremely delighted to
have Talwalkars as one of our esteemed customer; enabling us to strengthen our
continuous endeavour of promoting ‘Healthy Living’ among individuals. Our
business model is built around the philosophy of ‘health first’ and through
this collaboration we aim to influence the customers to make the right choices
for their health. We see this as a huge opportunity in our country which is
constantly moving towards adopting healthy lifestyles. We ensure to bridge the
protection gap by creating awareness and showcasing the importance of health
insurance for all.” This coverage can be availed with enrolment for select annual membership
of Talwalkars and doesn’t incur add-on cost. The scheme offers Personal
Accident cover of 10 lacs (Death & Permanent Total Disablement) and
Critical Illness cover of 1 lacs covering 15 illnesses (30 days’ survival,
waiting period 90 days, maximum age up to 55 years). This initiative is implemented across major cities having prominent
presence of Talwalkars.
About Talwalkars
In 1932, Mr. Vishnupant Talwalkar opened the doors of
Talwalkars to the city of Mumbai and we’ve been guiding our customers towards healthy living ever
since! Talwalkars is the largest chain of health centers across
India and Srilanka with over 220 gyms across 84 cities with a membership base
of over 2,00,000 and counting. World-class
gym experience backed by professional trainers. Only
equipment from the best manufacturers enters the doors of Talwalkars. Be it
weight loss, weight management, weight gain, or simply getting fit, the
Talwalkars Personalized Exercise Program is customized to meet individual
goals.Talwalkars is the
only fitness company to be listed in the fitness space in India with a market
cap of approximately INR 7,343 Mn (as on 31st Dec, 2017).
The company has undergone demerge wherein the company is
restructured in two parts Gym Company and Lifestyle Company. The Gym Company consist of world class
gymming experience backed by professional trainers. Fitness centres in five
different formats which are Talwalkars Gym, Talwalkars Premium Gym, HiFi, Power
World Gyms and Snap Fitness. Whereas the Lifestyle Company provides value added
services like Nuform (Time–efficient weight loss program), Reduce (Easy Diet
based program), Transform (Holistic fitness program), Mickey Mehta 360 degrees
wellness centres, Zumba Merchandise and Zumba (Aerobics and Latin dance
inspired fitness program), Zorba (Yoga), Spa, Massage and Aerobics along with
club business venture.
About
Aditya Birla Health Insurance Limited, an Aditya Birla Capital Company
Aditya Birla Health Insurance Co. Limited
(“ABHICL”) was incorporated in 2015 as a 51:49 joint venture between MMI
Strategic Investments (Pty) Ltd, MMI Holdings Limited, Aditya Birla Nuvo
Limited and Aditya Birla Capital Limited (ABCL - Formerly known as Aditya Birla
Financial Services Limited). ABHICL commenced its operations in October 2016
and is engaged in the business of health insurance. ABHICL’s current product portfolio
includes unique offerings including chronic care and incentivized wellness.
As on 9M FY17-18, ABHICL recorded a gross premium
income of Rs. 1,726 Mn. ABHICL has a nation-wide distribution presence across
36 cities, 5 bancassurance partners and over 13,299 direct selling agents. The
company has over 1300 employees and have covered more than 8 lacs lives.
ABCL, the holding company, is a Universal Financial
Solutions provider and one of the largest financial services players in India.
It is committed to serving the end-to-end financial needs of its retail and
corporate customers under a unified brand — Aditya Birla Capital. Delivering a
wide range of money solutions for protecting, investing and financing, Aditya
Birla Capital serves millions of customers across the country.
ABCL, through its subsidiaries, has a significant
presence across several business sectors including NBFC, asset management, life
insurance, housing finance, private equity, general insurance broking, wealth
management, broking, online personal finance management and pension fund
management.
Aditya Birla Capital, through its subsidiaries and
joint ventures, manages aggregate assets worth Rs. 2,813 billion and has a
lending book of Rs. 447 billion as of September 30th, 2017. adityabirlahealthinsurance.com
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