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.