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CORONAVIRUS INSURANCE
Defined benefit vs indemnity type health insurance policy for coronavirus: Here's how to choose oneA benefit-based policy will ensure a fixed and guaranteed lump sum amount equal to the sum insured if one tests positive for Covid-19 and i...
This indemnity-based coronavirus health insurance covers PPE cost. Should you buy?This will be a standard health policy which will provide coverage of up to Rs 5 lakh for hospitalisation expenses related to Covid-19. The ...
Filing health insurance claim for coronavirus treatment? Here are 4 things you must knowIRDAI has issued a notice to insurers to pay the hospitals faster to tackle the liquidity crisis. Due to the rising number of Covid-19 case...
Covered under medical insurance umbrella? You may still get wet in case of corona hospitalisationThe average insurance settlement for a patient hospitalised for Covid-19 is Rs 90,118 — significantly short of the average claim size of Rs...
What makes Health Insurance one of the most important covers that you should buy in 2020?
Health insurance online sale spurts up to 30%, offline sales fall due to coronavirus impactGenerally, every year in March the health insurance industry witnesses a higher growth in the sale of health insurance policies. This is be...
Your health insurance policy might not cover coronavirus in these situationsSome policies won't cover the treatment of Coronavirus if it's declared a pandemic/epidemic.
Are deaths due to coronavirus covered by life insurance policies?It is reasonable to assume that a global health crisis like the coronavirus would have some impact on your life insurance policy acceptance...
How PhonePe's coronavirus insurance policy worksThis coronavirus insurance policy is priced at just Rs 156 with an insurance cover of Rs 50,000 for a person aged under 55 years and the co...
Reliance General Insurance launches coronavirus protection insurance coverThe plan has a policy period of one year and the waiting period is for 15 days before one can claim against the policy, according to a stat...
Insurance cos start offering exclusive COVID-19 policies, partnering with online payment firmsBharti AXA General Insurance has tied up with Airtel Payments Bank to launch two health insurance plans-one offering a lump sum amount of R...
Future Generali will offer coronavirus group insurance cover"The policy will provide a lump-sum benefit in case the insured is diagnosed or quarantined for a suspected sign, symptoms or infection of ...
Star Health's coronavirus insurance policy: No travel history exclusions but low sum assuredThe policy, Star Novel Coronavirus, will even cover those with international travel history. However, the sum assured of Rs 42, 000, that t...
LIC declares relaxation for premium payments"In view of prevailing extraordinary circumstances in the country on account of Covid-19, LIC will give relaxation to its policyholders in ...
Should you buy Coronavirus insurance policy from Digit?The policy does not cover pre-existing disease. You can avail this policy only if you are not suffering from any respiratory-related sympto...
Design policy to cover coronavirus treatment: Irdai to insurance companies"For the purpose of meeting health insurance requirements of various sections, insurers are advised to design products covering the costs o...
Digit launches coronavirus insurance productThe insurance policy, which ET accessed on the company’s agent portal, allows a person to insure for as little as Rs 25,000 and as much as ...