launches

PhonePe launches coronavirus hospitalisation insurance policy ‘Corona Care’


At a time when there is a spurt in the number of Covid-19 cases in India, Walmart-owned digital payments PhonePe has announced the launch of a unique coronavirus hospitalisation insurance policy called “Corona Care.” For this, it has partnered with Bajaj Allianz General Insurance, one of the country’s largest general insurance companies.



The company said this coronavirus insurance policy is priced at Rs 156 with an insurance cover of Rs 50,000 for a person aged under 55 years and the cover is applicable at any hospital offering coronavirus treatment. It also covers 30 days of expenses related to pre-hospitalization costs and post-care medical treatment. Customers don’t need to undertake any medical tests before purchasing the Corona Care policy. They can purchase it instantly from the convenience of their homes considering the current lockdown observed in the country.




“Unfortunately, despite

Read More

Vietnamese airline launches controversial coronavirus insurance

(CNN) — As major airlines across the world continue to halt flights and ground aircraft due to the coronavirus, one budget carrier has gone for a very different and rather divisive approach to the global pandemic.

Vietnamese airline Vietjet has launched an insurance policy named “SKY COVID CARE” that allows passengers to claim up to 200 million Vietnamese dong (around $8,465) if they are infected with the virus while traveling on one of its flights.

The aim of the policy, which is free of charge and covers all domestic flights between March 23 and June 30, 2020, is to help “bring passengers assurance,” according to the airline.

In an official statement, Vietjet says it’s prepared to pay out “tens of billion dong” to ensure that its customers feel at ease while traveling during the ongoing crisis.

“The health safety of passengers and cabin crews are protected at the highest level
Read More