NIPPON LIFE INSURANCE
Coronavirus health insurance policies: 5 things to keep in mind
Coronavirus-specific insurance policies are being launched by insurers. Here are important points to know about the coverage and conditions.
Government approves insurance scheme for health workers fighting COVID-19
"The medical insurance scheme would include sanitation staff, docto...
Hike in 3rd party motor insurance premium for FY2020-21 put on hold
This move may well be due to the lockdown in the country due to the coron...
Future Generali will offer coronavirus group insurance cover
"The policy will provide a lump-sum benefit in case the insured is diagnosed or quarantined for a suspected sign, symptoms or infection of COVID-19 and covers everyone from an infant who is 1-day old to a senior citizen up to 75 years," a company press release stated.
Kerala CM urges PM to include private healthcare workers in insurance scheme
Kerala CM Pinarayi Vijayan said PM Narendra Modi took stock of the situation in Kerala and expressed his satisfaction on the steps taken in tackling the outbreak. The state has also asked for support from the Union Minister for Food and Public Distribution Ram Vilas Paswan in distributing food grains and provision kits to all households in the State.
Firms want insurance companies to pay “loss of profit” due to COVID-19
Quite a few companies are eyeing claims under what is known as the “loss of profit” clause in their insurance contracts. This typically covers losses due to factory shutdowns when unforeseen circumstances such as fire or accidents occur.
Maharashtra govt mulls insurance for staff treating COVID-19 patients
Maharashtra Health Minister Rajesh Tope on Friday said the state government is considering to provide insurance cover to the medical staff treating COVID-19 patients in the state.
Covid-19 outbreak: Insurers facilitate telemedical check-ups for policy buyers
With the country under lockdown to slow the spread of Covid-19 outbreak, insurers such as HDFC Ergo, Religare, Max Bupa, Tata AIA along with intermediaries such as Policybazaar have ramped up these remote services that would involve vetting of customer applications and subsequent consultations by doctors over the telephone.
Trending stocks: Union Bank of India stock dips 3%
Shares of Union Bank of India traded 2.75 per cent down in trade at 09:45 am on Monday.
Medical insurance covers see 42% growth in Feb
Future Generali India Insurance, COO, Shreeraj Deshpande said, “On retail heath premium underwritten, we have seen about 24% growth in February, which has gone up to 29% in March. On overall growth in health business, we have seen 38% growth compared to last year.”
Govt to provide Rs 50 lakh health insurance per health care worker for 3 months due to Coronavirus
If any of the frontline health workers are diagnosed as coronavirus positive, they would be able to get claims settled for up to Rs 50 lakh under the health insurance cover scheme proposed by the government for three months.
Coronavirus scare: Kishore Biyani plans stake sale in Future Retail, insurance biz to tide over debt woes
Biyani in talks with investors including Premji Invest to sell a large chunk of the promoter stake in FRL
During election time, party manifestos focus on free treatment and insurance, not health infra
At a time when people are raising questions about the number of ventilators, intensive care unit beds and other medical facilities, the focus on free treatment or free insurance exposes an apathy towards a critical requirement.
Life insurers keep faith in Indian stocks amid mayhem
The benchmark gauge is trading at 12.4 times 12-month estimated earnings.
Star Health's coronavirus insurance policy: No travel history exclusions but low sum assured
The policy, Star Novel Coronavirus, will even cover those with international travel history. However, the sum assured of Rs 42, 000, that the insurance cover offers appears low, especially for someone who might have to be hospitalised.
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