PhonePe offers health insurance for first-time buyers

Digital payments major PhonePe has launched a health insurance plan, Health@999, for first-time health insurance buyers. The product has a three-step process requiring users to share information such as name, age, gender, and email ID to buy the policy.

The plan will cover expenses including in-patient and ICU hospitalization, daycare procedures, Ayush treatment, and ambulance charges. The cashless hospital network for the plan stretches across 7600 hospitals in the country. Health @999 can be availed via PhonePe instantly and comes with the lifetime renewability feature.