New Delhi: PNB MetLife India Insurance Company Limited (PNB MetLife) has launched PNB MetLife Dental Care Plan. It is the first insurance plan in India that covers fixed-benefit outpatient expenses and provides financial assistance along with costs related to overall dental health. The firm said this launch reinforces PNB MetLife leadership in the industry with one-of-a-kind, standalone, dental health insurance plan that covers major dental procedures without the hassle of hospitalisation.
Data from Allied Market Research indicates that the Indian dental insurance industry will be worth $3.65 billion by 2030. According to the Indian National Oral Health Survey, 90% of adults have oral health issues and most dental visits are for the treatment of dental problems such as gum. Infection, caries, loss of teeth, loosening of teeth and significant dental infections and vascular damage. Several studies have also linked dental health to certain chronic disorders such as diabetes and stroke.
The new dental care plan from PNB MetLife will help customers manage their dental health and ensure that they do not need to dip into their savings or reduce their essential expenditure to make room for dental treatment. To provide convenience to its clients, PNB MetLife has tied up with over 340 dental clinics including Clove Dental and Sabka Dentist, two of the largest dental clinic chains in India with clinics in major cities of India , where the policyholder can enjoy full value. their profit, the firm said.
Ashish Kumar Srivastava, MD & CEO, PNB MetLife, said, “Dental treatments are costly due to the skill required, specialized infrastructure and the impact of inflation. People spend a lot of money and pay for dental procedures out of their own pocket. In line with the ‘Circle of Life’ ethos, we, at PNB MetLife, aim to meet the diverse financial needs of our customers and PNB MetLife Dental Care is a step in the right direction.”
Salient Features of the Scheme:
Innovative products backed by the global dental leadership of MetLife Inc.
Access to insurance without facing the hassle of overnight hospitalization
fixed profit from from 350 Sum Assured up to Rs.7500 and up per procedure 50,000
Wide network of dental service providers, and tie-ups with Clove Dental
Cashless facility and simplified claim process
Section 80D. tax benefit exceptions under
Provides definite benefits for specialized outpatient and emergent dental procedures
The plan complements any existing health insurance plan in the market, such as Mediclaim or Critical Illness, in which dental benefits are either uninsured or paid after a minimum hospitalization of 24 hours. A leading global life insurance provider, MetLife Inc. Backed by the financial strength and dental insurance expertise of India and the credibility and reach of Punjab National Bank, India’s second largest public sector bank, PNB MetLife has set a target to become India’s most preferred dentist. Insurance provider with this innovative and customer-centric dental plan, the firm said.