true balance and ICICI Lombard Partner to Provide Financial Inclusion to the Next Billion - Focus on providing affordable insurance to customers

/ -- true balance, the fintech app, has associated with ICICI Lombard General Insurance to provide health insurance at affordable premium to its Tier II and Tier III Indian customers. These group policies availed by true balance are aimed to promote affordable and accessible health insurance for the consumers of true balance, which they can easily avail through the app.

"true balance is a financial platform for the next billion unbanked users for whom saving money is most important part of their livelihood. 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 maximum of Rs. 310 with monthly and yearly tenures so that customers can avail it instantly," said Mr. Charlie Lee, Founder ,true balance.

On the partnership, Sanjeev Mantri, Executive Director, ICICI Lombard, said "We are happy to associate with true balance. We are excited to provide their customers with innovative solutions to protect them against risks such as health hazards and hospitalization expenses. 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."
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