BoI National Swasthya Bima” the new product launched by “The National Insurance Company along with its Bancassurance scheme partner Bank of India “is a co-branded health cover that can be availed by all its Bank of India customers.  Key highlights:  v      Provides cashless hospitalizationv      The cashless facility is available in over 3000-networked hospitals.v      Pre-acceptance medical examination is not required  CMD of BoI, Mr M. Balachandran, said that the new co-branded health insurance product would provide hassle-free family health insurance to BoI customers  The product has an additional optional facility for a comparatively lesser premium covering the entire family of the account holder ie his/her spouse and two children up to 21 years.  The product can be obtained by all between the age group of three months to 65 years and renewals beyond 65, will be allowed at a premium fixed by NICL.  The new product is available to all existing 24 million customers across 2,800 branches.  The CMD of NICL Mr V. Ramasaamy said that the key advantage of this policy is that the sum assured ranges between Rs 50000 to Rs 500000 and the premiums paid are exempt from tax under section 80D.  The customer is eligible for a health check up at 1 percent sum assured after three continuous claim-free years. Pre-existing diseases will be covered from the fourth year onwards.   NICL has a strategic tie up with BOI since 1993 and has earned for NICL an amazing sum of Rs 35 crore in the year 2006 and the target for the current year is Rs 60 crore.