Dubai-based Aster DM Healthcare and RAK Insurance have jointly launched a life and hospitalisation insurance scheme for non-resident Indians (NRI) to extend care to their families back home.
ARISE, designed to protect NRIs and their families from unexpected expenses brought by situations needing medical attention like illness or accidents was launched yesterday.
It is the first NRI protection plan of its kind offered outside India to benefit the community in the home country, the company said.
"AR ISE is a good example on how we can encourage our fellows to prepare for the future and be protected when an unfortunate situation comes. We thank everyone involved in this venture - Aster DM Healthcare, RAK Insurance and Reliance Life Insurance for thinking about the needs of NRIs," Indian Ambassador to the UAE, TP Seetharam said.
"ARISE takes off the burden of worrying about families' welfare left behind by Indians who live outside the country. With the comprehensive protection plan covering life, accident and hospitalisation needs of one's spouse, parents, in-laws and children back home, they are able to extend care while miles away," said Dr. Azad Moopen, Chairman and Managing Director of Aster DM Healthcare.
"We are excited to provide this comprehensive personal accident and hospitalisation rider plan for the NRIs here in the Gulf especially in the UAE where 42 per cent of the overall population are Indians," said Andrew Smith, Chief Executive Officer, RAK Insurance.
"With ARISE, cost effective accident cover and healthcare benefits in India are now available. We offer not just protection for their families but also peace of mind that care will be given from excellent and quality hospitals," Smith said.
Amongst Aster's chain of establishments in India that cover ARISE are: Aster MedCity - Kochi, Kerala, Aster MIMS in Calicut and Kottakal, DM WIMS in Wayanad, Aster Medipoint Hospital in Pune, Aster Prime Hospitals in Ameerpet and Kukatpally in Hyderabad and Aster CMI Hospital in Bengaluru.
"We are proud to be part of this venture as it further helps NRIs in extending life protection for their families. We ensure that the policy holders shall benefited by quick and single window system process through out over 800 branches spread across all over the India," said Sam Gosh, Group CEO, Reliance Capital.
