As mandated by the Insurance Regulatory and Development Authority of India (Irdai), standalone health and general insurance companies started offering the standard indemnity health insurance policy—Corona Kavach—over the last weekend. While some insurers currently don’t pay for the cost of personal protective equipment (PPEs) and other hygiene-related consumables, which form a chunk of the hospital bills, the Corona Kavach will pay for PPEs, gloves, masks and other similar expenses.
Health, life insurance premiums need a tax cut? GoM to meet on October 19
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