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Insurance alert! Corona Kavach Policy gets 6-month extension, check policy details

IRDAI in its latest circular said that reference is invited to the short term Covid specific health insurance policies permitted to be offered by all Insurers. ....

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Insurance better than leaky COVID-19 loans

The government could part-fund the premium, for people below an appropriate income threshold, to cover population segments not covered by Ayushman Bharat. It should also provide a back-stop to the insurer if the combined ratio (of claims plus settlement) crosses 100%. Insurance would reduce the often-ruinous out-of-pocket medical expenses for the insured. ....

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