Insight Online News
Mumbai, Aug 4 : GOQii Smart Vital on Thursday said it has tied up with Kotak Mahindra Life Insurance Co Ltd (KLI) and Kotak Mahindra General Insurance Co Ltd (KGI) to offer life and health insurance respectively to GOQii’s new and existing customers.
Customers who buy GOQii Smart Vital 2.0 wearable are eligible for a health insurance cover of up to Rs 5 lakh depending on the active lifestyle and Monthly Health Score and a life insurance cover of Rs 1 lakh.
GOQii Smart Vital is a Central Drugs Standard Control Organisation (CDSCO) registered medical device designed to measure the vitals of its users. GOQii ecosystem is designed to reduce the health risk of that individual by guiding them to lead a healthy lifestyle.
The insurance plan will be valid for 12 months from the date of activation of the GOQii app. Post expiry of the insurance cover, if the customer wishes to renew their insurance, they will have to renew their GOQii Personal Care subscription directly from the GOQii App.
Vishal Gondal, Founder & CEO, GOQii said” “We have been a pioneer in bringing evolutionary technologies in the field of preventive healthcare. With our outcome-based health insurance we are looking at a different approach of fundamental healthcare. We have gathered data around the same for over seven years with a present paid active user base of over 5 million. We are thrilled to offer insurance to our users over the app in association with Kotak Mahindra.”
Mahesh Balasubramanian, MD & CEO, Kotak Mahindra Life Insurance Co. Ltd. said: ”We at Kotak have always emphasised on customers wellbeing and our tie up with GOQii is a part of our initiative to prioritise health and encourage healthy lifestyle. Through the personal wellness plan the customer can view their Insurance details in the GOQii App and also track their wellness tiers basis the health activities done by them.’