Read the latest edition of AIR and MEIR as an Interactive e-book

Mar 2021

India: COVID-specific policies can be renewed until 31 March

Source: Asia Insurance Review | Nov 2020

The standard short-duration COVID-19 specific health insurance policies of any tenure in India can now be renewed for further terms of three and half months, six and half months or nine and a half months as per the option exercised by the policyholder.
A circular issued by Insurance Regulatory and Development Authority of India on 13 October said that the Corona Kavach and Corona Rakshak policies can be renewed until 31 March 2021.
During the renewal period, a change in insurance cover sum can be opted by the policyholder. At the same time, general and health insurers have also been permitted to allow portability of Corona Kavach from one insurer to another. A 
| Print | Share

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.


Recent Comments

There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.