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PayPoint partners with Digit General Insurance Company

PayPoint partners with Digit General Insurance Company
PayPoint partners with Digit General Insurance Company
Mumbai, May 18: PayPoint India has partnered with Digit General Insurance to bring affordable health insurance for its customers in the under-served regions of India, enhancing access to insurance, and helping rural masses cushion themselves against any major financial losses due to the surging Covid-19. The partnership is being flagged off with the launch of a coronavirus hospitalization insurance policy that covers treatments up to Rs 2 lakhs at a premium as low as Rs 799. While Digit General Insurance focuses on selling this master policy online, PayPoint will provide offline access and assistance to its customers, guiding them to make an informed financial decision. Ketan Doshi, Managing Director of PayPoint India, said, “When the country is going through tough times, more than 80% of people in urban India and 85% in rural India do not have any health expend ....

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How you can breathe easy on Covid insurance claims - The Hindu BusinessLine

How you can breathe easy on Covid insurance claims
Bavadharini KS
BL Research Bureau |
Updated on
May 08, 2021
Insurer needs to give cashless claim approval to the concerned hospital within 60 minutes now
Apart from the physical and emotional strain brought on by Covid, unnecessary stress from the paper work and processes for making insurance claims related to the illness is best avoided. Thanks to the lockdown and other control measures put in place by the Centre during the first wave last year, health insurance claim procedure has almost entirely moved online.
While many insurers do settle cashless claims within a maximum of 24 hours, given the severity of the situation, IRDAI, the insurance regulator recently issued norms to the insurers on settlement of Covid health insurance claims. Accordingly, all the general and health insurance companies have been asked to communicate their cashless approvals to the concerned hospitals and establishments withi ....

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