Page 13 - The Insurance Times June 2020

Health Insurance

News

ICICI Lombard offers covid- Besides covid-19 treatment, the home mium of Rs 399, inclusive of all taxes.
healthcare feature will cover the cost
19 benefits in health poli- of treatment for all kinds of fever, The policy will cover in-patient hospi-
cies acute gastroenteritis, respiratory and tal expenses up to Rs 3 lakh, outpa-
tient treatment expenses of Rs 3,000,
ICICI Lombard General Insurance Co. urinary tract infections, asthma, post- and will also provide a sum of Rs 1,000
Ltd has added covid-19-specific ben- operative care, physiotherapy and per day towards expenses incurred
efits and features to their existing wound care. However, it'll not cover towards 14 days of quarantine at a
health insurance plans. the management of co-morbid condi- government or military hospital, it said.
tions, speech and behavioural therapy,
All existing and new policyholders of The validity of this policy is for a period
treatment at OPD, unmanageable
ICICI Lombard General Insurance's of 120 days.
behavioural issues and
Complete Health Insurance, Health
neurorehabilitation. The policy is available to all the cus-
Booster, group policies, and Health
tomers of the bank in the age group
Care Plus will have the new benefits at of 18-65 years, the release said.
no extra cost. Karnataka Bank launches
COVID-19 policy with Uni- "General public who are not existing
ICICI Lombard has reduced the waiting
customers of the bank will also be eli-
period to cover covid-19 from 30 days versal Sompo gible to buy this policy immediately
to 15 days. Moreover, in case of a
Karnataka Bank has launched a health after establishing a banking relation-
hospitalization claim due to covid-19,
insurance policy for COVID-19 in a tie- ship with our bank," Mahabaleshwara
the no-claim bonus (NCB) benefit will up with Universal Sompo General In- said.
not get impacted.
surance Company.
The insurer has also added the home Karnataka Bank has launched a special LG Electronics offers
healthcare feature to cater to policy-
health insurance policy to cover the COVID insurance on pur-
holders who may not require hospital- uncertainties posed by COVID-19 pan-
ization or want to avoid hospitalization chase of select home ap-
demic, it said in a release.
in order to maintain social distancing. "With the objective of providing insur- pliances
The home healthcare benefit will be
ance cover for individuals for COVID-19 LG Electronics is offering coronavirus-
applicable till 31 March 2021.
pandemic related health expenses, the specific insurance in association with
With hospitals flooding with covid-19
bank in association with Universal Cholamandalam MS General Insurance
patients in metros such as Mumbai and
Sompo General Insurance Company Company Ltd. It is called COVID insur-
Delhi, hospitalization for someone with
Ltd has launched this health policy," ance. The consumers can get insur-
mild to medium symptoms may not be Karnataka Bank MD and CEO ance of up to Rs 50,000 on purchase
possible, as authorities may advise
Mahabaleshwara M S said. of select home appliance products.
home isolation or treatment. That's
The private sector bank said the health The offer will be available across stores
where this feature could come to your
rescue. cover can be availed at a nominal pre- and is valid till June 30, 2020. The

The Insurance Times, June 2020 13