Niva Bupa Health Insurance Marks Its Entry in Sikar as Part of Regional Expansion

Sikar, September, 2022.

Niva Bupa, one of India’s leading standalone health insurance players today announced its entry in Sikar, as part of its next phase of growth in the hinterland of India. Niva Bupa aims to provide health coverage to around 5,000 people of Sikar in the next 5 years. Customers can avail cashless hospitalization in 25network hospitals located in the region and have access to 8,800+hospitals across the country.

With the surge in critical illnesses and lifestyle diseases in India, health insurance has become a priority and its penetration has increased significantly over the last few years. Moreover, due to medical inflation people have gradually realized the significance of health insurance in safeguarding health and wealth both. One should therefore invest in a comprehensive health insurance plan early in life to avoid high premiums and waiting period on certain conditions.

Niva Bupa targets to clock around INR 5crore gross written premium in the next 5 years in Sikar. The company will also bring business opportunities for people as it plans to onboard around 1,100 agents by 2027. The company will provide adequate training programs and encourage women and housewives living in the city to become insurance agents, thereby helping them to become financially independent.

Talking about its expansion plans in Rajasthan, Mr.Ankur Kharbanda, Director – Retail Sales, Niva Bupa Health Insurance said, “We are happy to announce our expansion in Rajasthan, an important market in the West region for business growth. Niva Bupa is expanding its footprint in the Tier 2, 3 and beyond markets to create awareness about the relevance and benefits covered under health insurance as it is a necessity in the current times, owing to the Covid-19 pandemic, rise in critical illnesses, medical inflation, etc. Our endeavor is to make health insurance accessible for everyone as one of its key benefits remains access to top notch medical facilities when in need.”

Niva Bupa is one of the most trusted brands in the country with around twelve years of experience in offering quality healthcare support to people pan India. The company offers a wide range of comprehensive plans including indemnity, fixed benefit, and disease-specific products such as ReAssure, Health Premia, GoActive, Senior First, Criticare, Health Recharge, SmartHealth+ rider, Travel Assure, etc. to suit the varying health needs of today’s customers.