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Irdai allows life insurers to sell short term benefit-based Covid policies

Non-life insurers can sell both, benefit-based and indemnity-based short-term health covers

Topics
IRDAI | Insurance Sector | insurance plans

Subrata Panda  |  Mumbai 



Opting for EMI on health insurance premiums? You may end up paying more
The non-life insurers, on the other hand, can offer both benefit based and indemnity based short term health products

In a move aimed at providing insurance protection to a vast majority of people in the ongoing pandemic, the insurance regulator has allowed all insures – life and non-life – to offer short term policies specifically for covid-19.

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First Published: Tue, June 23 2020. 19:50 IST

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