The Dubai-based Aster DM Healthcare and RAK Insurance have recently jointly launched a life and hospitalization insurance scheme for non-resident Indians (NRI) to extend care to their families back home. Designed to protect NRIs and their families from unanticipated costs, ARISE, is designed for situations needing medical consideration like illness or accidents. The welfare scheme is aimed taking off the essential concerns about the family’s welfare, left behind by Indians, who lives outside India. The scheme offers comprehensive protection plan covering life, accident and hospitalization needs of one’s spouse, parents, in-laws and children back home, they are able to continue care while being miles away.
The company said it is the first NRI protection plan of its kind offered outside India to assist the residents in the home country.
Indian Ambassador to the UAE, TP Seetharam said, "ARISE is a good example on how we can inspire our fellows to prepare for the future and be protected when a deplorable 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".
"We are excited to provide this comprehensive personal accident and hospitalization rider plan for the NRIs here in the Gulf especially in the UAE where 42 per cent of the overall population is Indians," said Andrew Smith, Chief Executive Officer, RAK Insurance.
Sam Gosh, Group CEO, Reliance Capital said that, this project further benefits the NRIs in extending life insurance for their families and that they are honoured to be a part of it . He further stated that the policy holders shall be benefited by quick and single window system process through out over 800 branches spread across all over the India.
Amongst Asters 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.