News From Press IRDAI asks insurers to launch standard Covid-19 health covers with same name, features

IRDAI asks insurers to launch standard Covid-19 health covers with same name, features

It would be the first instance that all the insurance companies will launch a plan with the same name as the insurance regulator IRDAI has decided to name the product.

The Financial Express Jun 30, 2020

With the spread of Novel Coronavirus COVID-19 continuing unabated, the Insurance Regulatory and Development Authority of India (IRDAI) has asked the Health Insurance and General Insurance companies to launch short-term COVID Standard Policy by July 15, 2020 with specific name and features as per the guidelines issued by the insurance regulator.

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