Latest News | Galaxy Health Insurance Launches Galaxy Top-up Plan

Chennai, Mar 4 (PTI) Standalone health insurance company Galaxy has rolled out Galaxy Top-up that has been designed to offer extra protection at a lower cost and ensures policy holders have access to quality healthcare, the city-headquartered company said on Tuesday.

Galaxy Top-up provides a 'Premium Promise' to customers, guaranteeing no premium hikes until policy holders make a claim or turn 55 years of age, whichever comes first.

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Unlike traditional health insurance products, Galaxy Top-up offers higher sum insured ranging from Rs 5 lakh to Rs 2 crore and provides comprehensive coverage and flexibility, the company said in a statement here.

"Health insurance is no longer a luxury -- it is a necessity as health issues in individuals continue to pose significant challenges. Many policyholders now prefer top-up plans over additional basic covers because they are more budget friendly and offer greater benefits. Keeping this in mind, we have introduced Galaxy Top-up, a smart and cost-effective solution that ensures access to advanced medical care without financial stress," Galaxy Health Insurance MD and CEO G Srinivasan said.

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Galaxy Health Insurance is jointly promoted by TVS Motor Company Chairman Emeritus Venu Srinivasan along with the family of V Jagannathan, who was earlier the Chairman and Managing Director of United India Insurance Ltd.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)