Agenda

THERE IS A FIVE POINT AGENDA FOR

THE DAY
(i) WHY HEALTH INSURANCE IS IMPORTANT
(ii) HEALTH INSURANCE OPPURTUNITIES
IN INDIA
(iii) WHY CIGNA TTK
(iv) CIGNA TTK PRODUCTS PORTFOLIO:1. Cigna TTK Pro Health Plan(Mediclaim
policy)
Queries round on Pro Health
2. Cigna TTK Accidental care Plan
Queries round on Accidental Care
3. Cigna TTK Critical Care Plan
Queries round on Critical Care
(v) REWARDS & RECOGNITIONS IN CIGNA
TTK

Why Health Insurance is

Important

Illnesses:
India is the diabetes and coronary heart disease capital of the world.
Out of total heart patient all over the world, 60 % are Indian.
Heart disease is more prevalent in the younger generation.
1,50,000 Indians awaits kidney transplant every year.
Every Year 8 lac Indians diagnose with cancer.
By 2020, India will top the charts of non communicable disease.
Diabetes affects 50.7 million people, the largest number in the world

Source : Times of India, WHO, Safola Life study,

Confidential, unpublished property of Cigna. Do not duplicate or distribute. Use and distribution limited solely to authorized personnel. 2013 Cigna

Major reason is Life Style:

Only 1 in 3 (31%) sleep well at night.

Every 2 in 5 (43%) lose their temper everyday

Every 1 in 4 (26%) Smoke

Every 7 in 10 (68%) do not exercise

Every 1 in 2 (50%) get breathless during a 1KM brisk

walk

Sedentary lifestyle is a major cause of death due to

heart disease

Confidential, unpublished property of Cigna. Do not duplicate or distribute. Use and distribution limited solely to authorized personnel. 2013 Cigna

Healthcare
Cost:

Confidential, unpublished property of Cigna. Do not duplicate or distribute. Use and distribution limited solely to authorized personnel. 2013 Cigna

Health Insurance Opportunity

in India

India : Health Insurance Opportunity

What is the penetration of Health Insurance in India?

3%

What is the % of Out of Pocket Expenses in India?

86
%

Known family/friends undergone serious health

incidence?

???

What is the medical cost inflation today in India?

17
%

What is the renewal % for HI? Why? So?

85
%

Confidential, unpublished property of Cigna. Do not duplicate or distribute. Use and distribution limited solely to authorized personnel. 2013 Cigna

The Health Insurance sector is growing

rapidly

Life Insurance has grown at

13% in the last 5 years

General* Insurance has grown at

14% in the last 5 years

Health** Insurance has grown at

32% in the last 5 years

*General insurance except health. **Health insurance for standalone and other general insurance players.

The health insurance industry is estimated to grow at more than

annually till 2020

What does it
mean for your
health portfolio

25%

IfIf your
your current
current new
new business
business premium
premium is
is Rs
Rs 50,000
50,000 premium,
premium, itit will
will grow
grow
to
Rs
2.50
lakh,
even
if
it
grows
at
the
rate
of
industry
growth
till
2020
to Rs 2.50 lakh, even if it grows at the rate of industry growth till 2020

ItIt means
means that
that you
you can
can earn
earn more
more than
than Rs
Rs 1.50
1.50 lakh
lakh as
as commission
commission
during
the
period
during the period

Be a part of the growing industry!!!

Why Cigna TTK Health

Insurance

Cigna
Global

leader in health service

Present

200+

80

in 31 countries around the globe

years experience in Insurance

million+ global customer relationships

Formed in 1982 through the merger of Insurance Company

of North America (1792) and Connecticut General (1867)

Ranked

97 on Fortune 500 list**

Headquartered in Bloomfield, Connecticut, USA

Cigna is one of the largest Global Health player in terms of number of

customers & premium

Confidential, unpublished property of Cigna. Do not duplicate or distribute. Use and distribution limited solely to authorized personnel. 2013 Cigna

11

TTK
TTK Group started in 1928 has presence across various
industries

The group has presence across India and several

international markets
TTK protective
devices ltd.

TTK

TTK is a house-hold name with products offering from Total

Kitchen solutions to Health-care

With a diversified segments, TTK has a strong servicing

background and understanding of the Indian customer across
segment

The group has joint ventures with global corporations such as

SSL International and Dr. Scholl's

Confidential, unpublished property of Cigna. Do not duplicate or distribute. Use and distribution limited solely to authorized personnel. 2013 Cigna

12

Cigna

Leading global Health and

Wellness player

Flexibility to tailor a plan to

suit your individual needs

26%

74%

Customer orientation is in
our DNA

TTK

business conglomerate

CignaTTK
Health
Insurance

Confidence of Cigna

Rich experience in
healthcare business

Network of over 5700

hospitals across India

customer care

Rs 1,600 crore Indian

Settled 98.5% claims in

less than a month in
FY12*

Our Mission

Help our customers improve their health, wellbeing and sense of security

Confidential, unpublished property of Cigna. Do not duplicate or distribute. Use and distribution limited solely to authorized personnel. 2013 Cigna

13

Cigna TTK Product

Portfolio

Confidential, unpublished property of Cigna. Do not duplicate or distribute. Use and distribution limited solely to authorized personnel. 2013 Cigna

15

Confidential, unpublished property of Cigna. Do not duplicate or distribute. Use and distribution limited solely to authorized personnel. 2013 Cigna

16

Confidential, unpublished property of Cigna. Do not duplicate or distribute. Use and distribution limited solely to authorized personnel. 2013 Cigna

17

Confidential, unpublished property of Cigna. Do not duplicate or distribute. Use and distribution limited solely to authorized personnel. 2013 Cigna

18

Confidential, unpublished property of Cigna. Do not duplicate or distribute. Use and distribution limited solely to authorized personnel. 2013 Cigna

19

Confidential, unpublished property of Cigna. Do not duplicate or distribute. Use and distribution limited solely to authorized personnel. 2013 Cigna

20

Confidential, unpublished property of Cigna. Do not duplicate or distribute. Use and distribution limited solely to authorized personnel. 2013 Cigna

21

Cigna TTK Lifestyle protectionAccidental Care

Confidential, unpublished property of Cigna. Do not duplicate or distribute. Use and distribution limited solely to authorized personnel. 2013 Cigna

23

Confidential, unpublished property of Cigna. Do not duplicate or distribute. Use and distribution limited solely to authorized personnel. 2013 Cigna

24

Confidential, unpublished property of Cigna. Do not duplicate or distribute. Use and distribution limited solely to authorized personnel. 2013 Cigna

25

Sample Premium
1. Basic cover for Sum Insured

10 Lac

20 Lac

25 Lac

50 Lac

Rs. 1034

Rs. 2067

Rs. 2584

Rs. 5169

2. Comprehensive Cover for Sum Insured

10 Lac

20 Lac

25 Lac

50 Lac

Rs. 1989

Rs. 3976

Rs. 4972

Rs. 9944

3. Comprehensive + TTD cover for Sum

Insured
10 Lac
20 Lac
25 Lac
Rs. 2831

Rs. 5663

Rs. 7079

Confidential, unpublished property of Cigna. Do not duplicate or distribute. Use and distribution limited solely to authorized personnel. 2013 Cigna

50 Lac
Rs. 14157

26

Cigna TTK Lifestyle protectionCritical Care

Confidential, unpublished property of Cigna. Do not duplicate or distribute. Use and distribution limited solely to authorized personnel. 2013 Cigna

28

Confidential, unpublished property of Cigna. Do not duplicate or distribute. Use and distribution limited solely to authorized personnel. 2013 Cigna

29

Confidential, unpublished property of Cigna. Do not duplicate or distribute. Use and distribution limited solely to authorized personnel. 2013 Cigna

30

Confidential, unpublished property of Cigna. Do not duplicate or distribute. Use and distribution limited solely to authorized personnel. 2013 Cigna

31

Rewards & Recognitions in

Cigna TTK

Confidential, unpublished property of Cigna. Do not duplicate or distribute. Use and distribution limited solely to authorized personnel. 2013 Cigna

33

Confidential, unpublished property of Cigna. Do not duplicate or distribute. Use and distribution limited solely to authorized personnel. 2013 Cigna

34

Confidential, unpublished property of Cigna. Do not duplicate or distribute. Use and distribution limited solely to authorized personnel. 2013 Cigna

35

Confidential, unpublished property of Cigna. Do not duplicate or distribute. Use and distribution limited solely to authorized personnel. 2013 Cigna

36