PhonePe & Star Health Insurance Partners to Offer ‘Star Comprehensive Insurance Policy’

Current Context: On April 3, 2024, PhonePe, a leading fintech company in India, announced a strategic partnership with Star Health and Allied Insurance Company Ltd, India’s largest retail health insurance company.

• This collaboration aims to provide customers with a Comprehensive Health Insurance policy from Star Health Insurance, with coverage extending up to Rs 1 crore.
• The policy offers benefits like coverage for ambulance expenses, outpatient consultations, dental and ophthalmic treatments, maternity expenses, organ donor expenses, newborn baby coverage, mental well-being coverage, and more.
• It also provides coverage for accidental death and permanent total disablement up to Rs 1 crore. 
• It offers wellness programs with premium discounts, annual health check-ups, automatic restoration of the sum insured, and cumulative bonuses.

Question:

Q.1 Who announced a strategic partnership with Star Health and Allied Insurance Company Ltd on April 3, 2024?
a. Paytm
b. Google Pay
c. PhonePe
d. Amazon Pay