Insurance Policies To Cover Corona Infection
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Insurance Policies To Cover Corona Infection
After insurance companies were asked to provide cover to all those who test positive for COVID-19 by Insurance Regulatory and Development Authority (IRDA), companies such as Life Insurance Corporation are likely to include it in their existing mediclaim policies.
A LIC spokesman told Express that IRDA has asked LIC to cover Coronavirus under its mediclaim policies and “we are working in this regard”. IRDA has advised all health insurance companies to provide medical cover for Coronavirus to avoid any hardships with immediate effect.

Meanwhile, Star Health and Allied Insurance launched ‘Star Novel Coronavirus Insurance Policy’, a benefit policy to cover all those who test positive for Novel Coronavirus and require hospitalisation.

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March 21, 2020