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Mahindra Lifespaces announces group health insurance plan

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The scheme will cover hospitalisation expenses, 30 and 60 days of pre-and post-hospitalisation expenses respectively

Mahindra Lifespaces has announced a group health insurance plan for real estate consumers in India. Under the offering, which will initially be available to homebuyers in Mahindra Lifespaces’ newly launched value housing project in MMR (Mumbai Metropolitan Region) Mahindra Happinest Kalyan 2, buyers will be provided a health insurance cover of between Rs 3 lakh and Rs 5 lakh. This novel “Group Care 360” policy is underwritten by Care Health Insurance. This scheme will ensure access to quality healthcare services for all homeowners in the project.

The scheme will cover hospitalisation expenses, 30 and 60 days of pre-and post-hospitalisation expenses respectively, day-care treatments, and ambulance charges. Other benefits of this policy include unlimited e-consultation with a general physician and 10 specialists for up to 6 family members, and app-enabled claim intimation and tracking.

Arvind Subramanian, Managing Director and CEO, Mahindra Lifespaces, said, “The central role that the home and living conditions play in the health and well-being of the families residing in them has not been given its due.  The Covid-19 pandemic has surfaced the important contribution of well-planned homes on public health.  Mahindra Happinest Kalyan 2 has embraced climate responsive design to ensure adequate light and ventilation in all homes, and incorporated unique amenities for physical, mental and social wellbeing of the residents.  Our partnership with Care Health Insurance, one of India’s most trusted health insurance companies, will additionally ensure that our customers have access to quality healthcare services at their fingertips at a significantly lower cost than a comparable retail health policy.  To support our customers’ wellbeing, Mahindra Lifespaces will bear the premium cost during the period of construction.”

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