Kolkata: More life and non-life insurance companies are now coming up with innovative Covid-19 policies. Bharti AXA Life Insurance is introducing ‘Health and Life Secure, a protection solution with benefits of life cover, hospitalisation and critical illness amid Covid-19.
“Health and Life Secure is the need of the hour that addresses customers’ requirements of life protection, hospitalisation and critical illness benefits. The unique proposition of this all-embracing solution is that it offers financial security and support for managing health and critical illness expenses as well.
This is in line with our vision and strategy to offer best-in-class insurance solutions to the customers,” said Parag Raja, MD and CEO, Bharti AXA Life Insurance. The HDFC Ergo unveiled an indemnity health policy which will offer cover against medical expenses incurred due to hospitalisation of individuals seeking treatment for Covid-19, on positive diagnosis for the virus in a government authorised diagnostic centre.
In addition, the policy will also cover expenses incurred on treatment of co-morbidity along with the treatment for Covid-19. Ritesh Kumar, MD & CEO, HDFC ERGO General Insurance Co, “Covid-19 has brought life to a standstill with many feeling the financial pinch. In such unprecedented times, Corona Kavach will provide customers with the much-needed financial respite.”