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Should you go for FDs based on health insurance benefits they offer?

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fixed deposits are at historic lows. Therefore, banks are offering additional benefits with the fixed deposits to attract customers.DCB Bank had launched a fixed deposit with health insurance benefits in November.

ICICI Bank also offers a bank FD which provides benefits, including health and life insurance, under different variants.Also Read | The race to take fashion retail onlineBanks generally tie up with health insurance companies and offer insurance benefits under group policies.

The health insurance benefits vary from bank to bank depending on their tie-up with the insurance companies. DCB bank has tied up with ICICI Lombard and offers benefits like OPD consultations, pharmacy expenses to a certain limit among other benefits.

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COVID-19
United States
United States
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Deaths: 750 423
Recovered: 0
India
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Cases: 34 321 025
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Brazil
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Recovered: 0
Russia
Russia
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Deaths: 237 619
Recovered: 0
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