StepSetGo and Symbo Insurance Collaborate to Launch Affordable Health Insurance Plan
Mumbai, July 9, 2023 – StepSetGo (SSG), the award-winning disruptor in the health and fitness industry, has teamed up with Symbo Insurance, a prominent insurtech firm, to revolutionize the insurance landscape with their latest offering. SSG Health Insurance, a groundbreaking and affordable health insurance plan, is now available exclusively on the SSG mobile app.
The partnership between StepSetGo and Symbo Insurance marks a significant milestone for the health and fitness industry. The two companies aim to incentivize users to maintain an active and healthy lifestyle while providing them with access to essential health coverage.
The unique selling point of SSG Health Insurance lies in its affordability and comprehensive coverage options. Users can choose between two insurance covers, with sum insured options of 3 Lakhs and 5 Lakhs. What sets this plan apart from others in the market is the combination of lower premiums and a high claims settlement rate of 95%, ensuring users receive the maximum benefits from their insurance.
To make the insurance even more accessible, StepSetGo has integrated the insurance procurement process directly into their app.
Shivjeet Ghatge, CEO and Co-Founder of StepSetGo, expressed his enthusiasm about the launch, stating, “The introduction of insurance on our app is a game-changer for the fitness industry. By aligning our users’ fitness goals with incentives, we achieve two objectives: providing affordable insurance for our users and motivating them to lead healthier lives.”
The incentives offered by SSG Health Insurance come in the form of monthly reward points, which users can claim by meeting their step goals within the app. For instance, users who complete 60,000 steps in a month (averaging 2,000 steps per day) can avail benefits through the reward points. The most dedicated users who achieve 450,000 steps per month (averaging 15,000 daily steps) can earn up to 25% of the insurance cost in reward points.
Users can easily initiate the process, participate in specially curated “Walk Challenges,” and unlock exclusive benefits based on their fitness activities.
Adrit Raha, Co-Founder and Co-CEO of Symbo Insurance, highlighted the goal of promoting a healthy lifestyle, stating, “We aim to encourage a healthy lifestyle while offering the benefits of health insurance. This collaboration establishes a seamless ecosystem for users to access insurance and redeem their claims in a holistically healthy manner.”
By leveraging technology to facilitate healthcare security, StepSetGo aims to drive a fitness revolution by reducing medical costs for users and incentivizing a healthier lifestyle. With the launch of SSG Health Insurance, StepSetGo and Symbo Insurance are reshaping the insurance landscape, ensuring that users not only stay fit but also have access to critical care when needed.
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