Religare Health Insurance, a standalone health insurer, plans to launch travel insurance product before the close of the current fiscal, Anuj Gulati, Managing Director & Chief Executive Officer, has said.

“We do have plans to launch a travel insurance product for outbound overseas travel. We will approach it in a phased manner and do it before the fiscal year ends,’’ Gulati said.

Religare Health Insurance is a recent entrant to the health insurance market and formally started its commercial operations last fortnight. Health insurance is the fastest growing segment in the insurance industry.

Gulati said that the company had already filed two products — personal accident and critical illness — for IRDA approval.

“Our plan is to try and launch all these three products this fiscal year.’’