As mandated by insurance regulator, Irdai, several general and health insurers have brought out the standard Covid-specific indemnity plan, Corona Kavach, while not everyone has come out with the optional benefit-based plan, Corona Rakshak. The Covid Kavach is an indemnity insurance plan that is available for individuals and families and will offer sum insured of up to Rs 5 lakh for hospitalisation expenses related to Covid-19.
Health, life insurance premiums need a tax cut? GoM to meet on October 19
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