INSUBCONTINENT EXCLUSIVE:
On Monday, India registered a record 2,73,810 new daily cases and 1,619 deaths.India is battling against an intense second wave of COVID-19
and there are no signs of the pandemic slowing down
On Monday, India registered a record 2,73,810 new daily cases and 1,619 deaths
The infection tally crossed the 1.5 crore-mark on Monday afternoon, making India the second most affected country after the US
Rapid spread of the virus has sent many scrambling to take stock of their savings and stay financially prepared should their worst fears
In such a scenario, the question that seems to be in many people's minds is: will my existing health insurance policy cover the treatment
costs if I were to test positive for the dread virus and require hospitalisation?Here, we tell you about five COVID-19 health insurance
insuranceAn indemnity-based plan (where the insured is reimbursed the cost of hospitalisation expenses), it provides coverage to those
between 1 day and 65 years
The sum insured options range from Rs 50,000 to Rs 5 lakh
The tenure of the policy can be 3.5 months, 6.5 months, or 9.5 months
To enjoy the benefits of the policy, one has to get tested for COVID-19 only at a government authorised centre
The benefits that can be availed include pre- and post-hospitalisation expenses, home care treatment cover and in-patient hospitalisation
(where the insured is reimbursed the cost of hospitalisation expenses) can be bought by those aged between 18 years and 65 years for self or
The policy tenure is 3.5 months, 6.5 months and 9.5 months
The coverage offered is between Rs 50,000 and Rs 5 lakh.The benefits of the policy include cover for up to two adults and four children,
cover for any co-morbid condition, home care treatment cover, and tax benefits
Also, the policy comes without any room rent cap, and offers coverage up to a single private room
placed under travel restrictions by the government of India.New India Assurance health insuranceThe policy covers expenses incurred by the
policyholders due to hospitalisation for treatment of COVID-19
It also covers expenses incurred due to home care treatment
Those availing the insurance cover should be between 18 years and 65 years
The sum insured ranges from Rs 50,000 to Rs 5 lakh
The other benefits of the plan include pre- and post-hospitalisation expenses, and an additional cover known as hospital daily cash.What's
The policyholder can avail cashless hospitalisation for the treatment of COVID-19
The sum insured can range between Rs 50,000 and Rs 5 lakh
The tenure of the policy can be 3.5 months, 6.5 months, or 9.5 months
To avail the benefits, the policyholder is required to complete a waiting period of 15 days from the date of commencement of the
just for investigation or evaluation.Tata AIG coronavirus health insuranceThis indemnity-based health insurance policy for COVID-19 related
medical expenses is available for people between 18 years and 65 years
The sum insured ranges between Rs 50,000 and Rs 5 lakh, and, like the other policies, the tenures are 3.5 months, 6.5 months, or 9.5
