Page 16 - The Insurance Times July 2020
P. 16

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

          16  The Insurance Times, July 2020
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