Star Health’s new 'Secure Your Savings' campaign encourages viewers to invest in Health
Ø Recommends health insurance as an investment to protect savings
Ø Aims to create insurance awareness and drive deeper insurance penetration in the nation
Ø Created 24.68 million engagement within 10 days of launch
India, 29 March 2023: Star Health and Allied Insurance Co. Ltd., India’s Health Insurance Specialist, recently launched the ‘Secure your Savings’ campaign, encouraging people to invest in their own health to safe guard their ‘Total Life Savings’ (TLS). The campaign is aimed at reminding viewers that investing in health insurance will enable them to protect their life savings and financial investments from the threat of adverse health costs.
Launched on March 16, 2023, across all social handles of Star Health and promoted in YouTube and Meta platform, the film has already generated 24.68 million engagements across platforms - including 24.6 million views, 1.8 K likes, 311 comments, and 712 retweets and shares on WhatsApp and Telegram platform.
The central theme of the campaign is based on the fact that health issues can wipe out one’s savings through high treatment costs. The video campaign uses humour to convey this serious message.
The film opens to a financially knowledgeable middle-aged man, loudly advising someone on the phone, recommending investing in various instruments such as FDs, PPFs and Mutual Funds to reap good Return-On-Investment (ROI). The protagonist listens in on this conversation and hears the man dismissing insurance as a viable investment option as it has no ROI. The man goes on to ask the person on the phone to check if the NAV and ER are high for a mutual fund investment. Seeing the protagonist still overhearing his conversation, the man, irritated, asks him “Kya hai?”
Our protagonist then baffles the man by responding in made up investment jargon: “Aap BP check kijiye. High hoga. HBP se CKD ho sakta hai, jise aapka TLS minus me jayega!” He then goes on to explain how investing in health insurance will protect the man’s Total Life Savings and advises him to invest in Star Health Insurance (SHI) to protect his savings from adverse medical costs.
Link for reference: https://www.youtube.com/watch?v=ZL2VuVLn_qU
Commenting on the brand film, Kotha Kartheek, VP and Head Digital Marketing & Transformation, Star Health and Allied Insurance Co. Ltd., said “With medical inflation flaring up in the country, it is very important for people to invest in health insurance. If people do not have health insurance, medical bills and hospitalisation can take a toll on their entire savings. With this campaign, primarily using digital platforms, we intend to reach out to a larger set of audience and create awareness around Health Insurance as one of the important investments that one should take up.”
Kashyap G, Head of Brand and Communications, Star Health and Allied Insurance Co. Ltd.., said, “We came up with this campaign after a thorough PAN India market research, where we understood that in our nation, people are so focused on getting an ROI on all their investments and see Health Insurance as an investment with no benefit. The campaign is built on the premise that HEALTH INSURANCE is important as it protects your hard-earned money from being spent on unforeseen medical emergencies and a necessary investment that helps you to “SAVE YOUR SAVINGS”.
About Star Health Insurance:
Star Health and Allied Insurance Co Ltd (BSE:543412 | NSE:STARHEALTH) commenced its operations in 2006 as India’s first Standalone Health Insurance Company with business interests in Health, Personal Accident and Overseas Travel Insurance. The company uses its vast resources to focus on service excellence and product innovation to deliver the best to its customers. Star Health has been providing innovative health insurance products to individuals, families and corporates, directly and through various channels – agents, brokers, online and digital channels like web aggregators, fintech, etc. Star Health is also a prominent Bancassurance player with long standing relationship with various banks.
Star Health currently has 14000 employees with 807 branch offices spread across 26 states and 4 union territories in India. These existing branches are also supplemented by an extensive network of over 355 Sales Managers Stations (“SMS”), which are small individual service centers, located across India. In FY 2022, Star Health had a gross written premium of Rs. 11,463 crore and a net worth of Rs. 4,513 crore.
Star Health and Allied Insurance Company Limited is listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE)
Ø Aims to create insurance awareness and drive deeper insurance penetration in the nation
Ø Created 24.68 million engagement within 10 days of launch
India, 29 March 2023: Star Health and Allied Insurance Co. Ltd., India’s Health Insurance Specialist, recently launched the ‘Secure your Savings’ campaign, encouraging people to invest in their own health to safe guard their ‘Total Life Savings’ (TLS). The campaign is aimed at reminding viewers that investing in health insurance will enable them to protect their life savings and financial investments from the threat of adverse health costs.
Launched on March 16, 2023, across all social handles of Star Health and promoted in YouTube and Meta platform, the film has already generated 24.68 million engagements across platforms - including 24.6 million views, 1.8 K likes, 311 comments, and 712 retweets and shares on WhatsApp and Telegram platform.
The central theme of the campaign is based on the fact that health issues can wipe out one’s savings through high treatment costs. The video campaign uses humour to convey this serious message.
The film opens to a financially knowledgeable middle-aged man, loudly advising someone on the phone, recommending investing in various instruments such as FDs, PPFs and Mutual Funds to reap good Return-On-Investment (ROI). The protagonist listens in on this conversation and hears the man dismissing insurance as a viable investment option as it has no ROI. The man goes on to ask the person on the phone to check if the NAV and ER are high for a mutual fund investment. Seeing the protagonist still overhearing his conversation, the man, irritated, asks him “Kya hai?”
Our protagonist then baffles the man by responding in made up investment jargon: “Aap BP check kijiye. High hoga. HBP se CKD ho sakta hai, jise aapka TLS minus me jayega!” He then goes on to explain how investing in health insurance will protect the man’s Total Life Savings and advises him to invest in Star Health Insurance (SHI) to protect his savings from adverse medical costs.
Link for reference: https://www.youtube.com/watch?v=ZL2VuVLn_qU
Commenting on the brand film, Kotha Kartheek, VP and Head Digital Marketing & Transformation, Star Health and Allied Insurance Co. Ltd., said “With medical inflation flaring up in the country, it is very important for people to invest in health insurance. If people do not have health insurance, medical bills and hospitalisation can take a toll on their entire savings. With this campaign, primarily using digital platforms, we intend to reach out to a larger set of audience and create awareness around Health Insurance as one of the important investments that one should take up.”
Kashyap G, Head of Brand and Communications, Star Health and Allied Insurance Co. Ltd.., said, “We came up with this campaign after a thorough PAN India market research, where we understood that in our nation, people are so focused on getting an ROI on all their investments and see Health Insurance as an investment with no benefit. The campaign is built on the premise that HEALTH INSURANCE is important as it protects your hard-earned money from being spent on unforeseen medical emergencies and a necessary investment that helps you to “SAVE YOUR SAVINGS”.
About Star Health Insurance:
Star Health and Allied Insurance Co Ltd (BSE:543412 | NSE:STARHEALTH) commenced its operations in 2006 as India’s first Standalone Health Insurance Company with business interests in Health, Personal Accident and Overseas Travel Insurance. The company uses its vast resources to focus on service excellence and product innovation to deliver the best to its customers. Star Health has been providing innovative health insurance products to individuals, families and corporates, directly and through various channels – agents, brokers, online and digital channels like web aggregators, fintech, etc. Star Health is also a prominent Bancassurance player with long standing relationship with various banks.
Star Health currently has 14000 employees with 807 branch offices spread across 26 states and 4 union territories in India. These existing branches are also supplemented by an extensive network of over 355 Sales Managers Stations (“SMS”), which are small individual service centers, located across India. In FY 2022, Star Health had a gross written premium of Rs. 11,463 crore and a net worth of Rs. 4,513 crore.
Star Health and Allied Insurance Company Limited is listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE)