Policybazaar For Business partners with IIT Delhi Alumni Association to offer exclusive benefits in group health plans for alumni

Gurugram: Policybazaar for Business (PBFB), the corporate arm of one of India’s largest insurance marketplaces, has partnered with the IIT Delhi Alumni Association to launch exclusive health insurance plans, designed specifically for IIT Delhi alumni, through its insurer partners. These plans offer customized coverage, seamless digital enrollment and a number of wellness benefits tailored to the unique needs of IIT graduates and their families.

With this initiative, IIT Delhi alumni — including entrepreneurs, professionals, and those residing abroad — can now secure comprehensive insurance coverage for themselves, their spouses, children, parents, and even their in-laws. With IIT alumni excelling across industries, whether as startup founders, corporate leaders, or researchers, many often lack employer-provided health and life insurance.

One of the standout features is the high sum insured, with coverage extending up to Rs 1 crore for health insurance to match the pace of medical inflation. Unlike standard employer-provided group policies, these alumni-centric plans are designed as independent group policies, allowing members to pay their own premiums while enjoying the advantages of group rates.