The fear of contracting the novel coronavirus is pushing more and more people to buy the regulator-mandated indemnity policy for covid-19, despite regular health insurance policies covering the cost of hospitalization for the infection. Corporates too are looking to cover their employees, specifically for covid-19 under a group Kavach plan. Between 10 July and 30 July, state-run general insurer New India Assurance Co. Ltd sold about 60,000 policies, including individual and family floater plans.
Health, life insurance premiums need a tax cut? GoM to meet on October 19
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