SBI General Insurance has forged a partnership with Google Pay to enable users to buy its health insurance plan through online payment app. The tech collaboration is in line with SBI General’s vision to consistently expand its distribution of general insurance solutions through digital channels.
The tie-up also marks Google Pay’s first such alliance with an insurer in the country and will make health insurance available to customers on-the-go on Google Pay Spot. Users will be able to buy both individual and family plans under Arogya Sanjeevani policy through Google Pay Spot, the insurer said.
Arogya Sanjeevani is a standard Health Insurance Policy that was launched to provide standard coverage at affordable premiums and will help in improving the penetration of health insurance in the country.
“Today’s customers are well-informed and evolved about their requirements. The pandemic has boosted the usage of digital platforms for various needs and at their expectations from financial solutions have also matured. This collaboration is yet another endeavour to address this growing need for health insurance, thereby, bring a larger number of people under the insurance fold. With this collaboration, Arogya Sanjeevani, a standard health insurance plan will be offered on the Google Pay platform at an affordable premium by SBI General,” said Prakash Chandra Kandpal, Managing Director and CEO, SBI General Insurance.
