Mumbai, March 08, 2023: On the occasion of International Women’s Day, Union Bank of India, one of the leading public sector banks, today launched a specialized ‘Women Cancer Care Solution - Pink Health’ powered by ManipalCigna Health Insurance. This specialized women cancer care insurance solution is exclusively designed for Union Bank of India customers to provide coverage for breast cancer, cervical cancer and ovarian cancer treatment.

Several studies show that cancer survivors experience above average rates of medical hardship. Stress over unpaid bills and treatment delays due to costs could lead to changes in health behaviors and jeopardize treatment outcomes. Thus, to help take away the financial burdens of its customers and for greater peace of mind before unexpected illness strikes, Union Bank of India has launched this exclusive value-based affordable insurance solution for women.

Speaking on the launch of women-centric cancer care insurance solution, Ms. A. Manimekhalai, Managing Director and CEO of Union Bank of India, said “At Union Bank Of India, we believe in the empowerment of women and are committed to secure the financial well-being of those who bank with us. Thus to empower women with better healthcare experience, and provide financial support for cancer treatment, we’re delighted to launch ‘Women Cancer Care Solution - Pink Health’ powered by ManipalCigna Health Insurance. All existing and prospective customers of the bank are eligible to obtain this women cancer care insurance solution for a nominal premium. Under the scheme a customer can be insured between Rs 10 lakh to Rs 30 lakh and the scheme provides lumpsum payout upon diagnosis of breast cancer, cervical cancer and ovarian cancer.”

Commenting on the launch, Prasun Sikdar, Managing Director and CEO of ManipalCigna Health Insurance Co Ltd said, “At ManipalCigna, our priority is to focus on providing affordable, predictable and simple health insurance products to every customer segment in India and we feel privileged to be associated with a trusted brand like Union Bank of India who shares our vision to provide better healthcare financing experience to customers through customized solutions and high quality services. Keeping in line with this, we are pleased to launch a Women Cancer Care Solution - Pink Health exclusively designed for Union Bank of India, to extend quality healthcare to the banks increasing number of customers. We are confident that with the bank’s widespread branch network we will be able to reach out to a larger customer base and further bolster health insurance penetration in the country.

Medical bills incurred from unexpected illnesses are a significant source of stress that can affect patients’ recovery. Many cancer patients have to regularly visit the hospital for treatment, they might also worry about losing their job or income as they have to take significant time off work to recover. This is why it’s especially worth considering opting for a good cancer care financing solution to receive the best treatment, and help make the hospitalization process easier financially while undergoing recovery. This specialized women cancer care insurance solution by Union Bank of India offers some pink-tastic benefits to cater to women’s unique health needs and provides financial coverage for cancer treatment so women can always stay in the pink of health.

For detailed information about ‘Women Cancer Care Solution - Pink Health’, kindly visit your nearest Union Bank of India branch.

Union Bank of India has taken master policy from ManipalCigna Health Insurance Company Limited under ManipalCigna Lifestyle Protection Group Policy.

About Union Bank of India

Union Bank of India is one of the leading public sector banks of the country. The Bank is a listed entity and the Government of India holds 83.49 percent in Bank’s total share capital. The Bank, having its headquarters at Mumbai (India), was registered on November 11, 1919 as a limited company. Andhra Bank and Corporation Bank were amalgamated into Union Bank of India with effect from 01.04.2020. Today, it has a network of 8,700+ domestic branches, 10,900+ ATMs, 16,200+ BC Points serving over 153+ million customers with 76,000+ employees. The Bank also has 3 branches overseas at Hong Kong, Dubai International Financial Centre (UAE) & Sydney (Australia); 1 representative office in Abu Dhabi (UAE); 1 banking subsidiary at London (UK); 1 banking joint venture in Malaysia; 4 para-banking subsidiaries (domestic); 2 joint ventures and 1 associate - Chaitanya Godavari Gramin Bank. Union Bank of India is the first large public sector bank in the country to have implemented 100% core banking solution. The Bank has received several awards and recognition for its prowess in technology, digital banking, financial inclusion, MSME and development of human resources.

About ManipalCigna Health Insurance Company Limited

ManipalCigna Health Insurance Company Limited is a joint venture between Manipal Group, an eminent player in the field of healthcare delivery and higher education in India, Cigna Healthcare, a global health services company with over 200 years of experience. ManipalCigna is headquartered out of Mumbai and has 76 branch offices covering major metros and towns. The company has built a strong multi-distribution network of over 48,000 agents and 500+ distribution partners across the country. ManipalCigna also has tie-ups with 13 leading Banks for distributing health insurance solutions and has a network of over 7500 hospitals across cities including tier I, tier II and tier III towns in India. ManipalCigna Lifestyle Protection Group Policy (UIN: MCIPAGP21235V032021). To learn more, visit www.manipalcigna.com

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