Apollo Munich is Now Merged with HDFC ERGO Health Insurance

With their exceptional product offerings, HDFC ERGO and Apollo Munich, two reputable health insurance providers, have consistently set the bar for other companies in the industry. However, customers only discover the value of these two insurers, HDFC ERGO and Apollo Munich, when they visit their websites to purchase policies.

A remarkable change has just occurred in the health insurance sector. The primary change was the acquisition of Apollo Munich Health Insurance by HDFC.

All customers of Apollo Munich health insurance policies became part of HDFC ERGO health insurance after HDFC purchased 51.25% of the stock of Apollo Munich Health Insurance Company Limited. Therefore, you don't need to be concerned if you have a health insurance policy via Apollo Munich. You have just joined HDFC ERGO Health!

So, What Should the Customers Know About This Merger? Will Our Policies Be Affected?

Relax! The policy's terms and conditions are not changed.

The renowned insurer HDFC ERGO has informed Apollo Munich health insurance policyholders that they won't cause them any hardship, whether it relates to policy coverage, claims, or any other matter. Instead, the insurer will offer a superior customer experience, unrivalled support of innovative processes, and cutting-edge technology to help the current Apollo Munich health insurance clients make the most of their fantastic beginning with HDFC ERGO. 

So, whether you're concerned about your policy, its coverage, a claim, or any of its features, put it in HDFC ERGO's capable hands.

If you still have questions, the following explanation of what will happen to your policy following the acquisition might help.

• The terms and conditions of your current insurance will not change. You will be able to continue taking advantage of the policy's benefits as described in the policy document.
• As the product, policy terms, and conditions will not change, you can take advantage of all continuity benefits per your current policy terms and conditions.
• Active Apollo Munich insurance won't be subject to changes and will be valid until it expires. When renewal arrives, a new contract will be given with the new firm name, HDFC ERGO health.
• Your current Apollo Munich health card will remain valid until your current policy's end.
• The submitted documents will still be valid if you have paid for an Apollo Munich health insurance policy and are waiting for issuance.
• Existing customers of Apollo Munich health insurance will have access to hospitals in the HDFC ERGO health insurance network.
• The current claim process and renewal procedure used by Apollo Munich will remain unchanged.
• The names of the insurance products won't change. Additionally, all policy benefits described in the policy statement will continue to apply.
• No further medical exams are necessary for current Apollo Munich policyholders to purchase the coverage.
• The acquisition won't result in any additional costs.
• After the purchase, any branch of the combined company can accommodate your unique needs.

The following points bring the HDFC ERGO Mediclaim policy on the upper hand, which will assist you in managing the escalating medical costs during emergencies:

• 13,000+ Cashless Hospitals Across India
• Savings on taxes: up to INR 1 lakh
• The benefit of Renewal: free health examination within 60 days of renewal
• Claim approval happens in less than 20 minutes (provided your claim is legitimate and complete)

What Advantages Will Customers Receive from the Transaction?

The following are the advantages of the merger for you:

• Access to HDFC ERGO Health and HDFC ERGO's integrated health insurance options. One of the biggest networks in the nation, the cashless network of 13,000+ hospitals, is available to you.
• Access to HDFC ERGO's 203 branch offices and 250+ digital offices provides it a greater geographic footprint throughout the nation.
• Please visit their website, www.hdfcergo.com, for more information on the products, offices, cashless network of hospitals and garages, and digital capabilities. And also - 
• Your policy's terms and conditions are still outlined in the current policy document.
• They continue to use all of their current procedures.
• Your current touch points remain unchanged.

Strengths of HDFC ERGO

• Offers Cashless Claims
• Around 13,000 network hospitals.
• Client rating of 4.4 out of 5
• Nearly two decades of serving in the insurance sector
• One of the most reliable brands
• More than 1.5 crores satisfied clients

Conclusion

Forget being concerned for any reason now that you know the basic details about the purchase and how it will affect your policy's features. 

Please browse our website if you are interested in learning more about a specific HDFC ERGO health insurance policy or would like to review your current Apollo Munich health insurance coverage.