true balance partners with ICICI Lombard to provide affordable insurance to customers

true balanceFintech app true balance has partnered with ICICI Lombard General Insurance to provide affordable health insurance to its customers through its app.

The partnership aims to make affordable health insurance accessible for true balance customers in tier II and tier III cities in India.

“In a country where the healthcare and wellness costs are high and has been rising continuously, the idea behind availing such group insurance policies is to make healthcare and wellness accessible to our customers at a premium as low as Rs. 5, Rs. 50, Rs. 75 and a maximum of Rs. 310 with monthly and yearly tenures so that customers can avail it instantly,” said Charlie Lee, Founder of true balance.

The group policies availed by true balance will cover personal accidents, Hospital Daily Cash Benefit, among other things.

“Our partnership will ensure that their customers, especially in tier II & III, get the much-needed access to risk mitigation solutions through our convenient online platforms,” said Sanjeev Mantri, Executive Director, ICICI Lombard.

Mobile application true balance started as a balance check and mobile recharge application, but it has now moved into financial services. It now is a digital wallet app that helps users pay their mobile and utility bills.

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