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Current Affairs

Additional Benefits to Policy Holders and Agents—By Tata AIA Insurance

Current Context: Tata AIA Insurance announced to grant additional benefits related to COVID-19 for its policyholders and agents. These benefits are granted by the insurance company are with no additional cost. And hence, by doing this, Tata AIA Insurance becomes the first one to do so.
Additional Benefits to Policy Holders and Agents—By Tata AIA Insurance
  • Tata AIA Insurance will give an additional amount up to Rs 5 lakhs for the death claim if the death occurs due to COVID-19.
  • Present Tata AIA Insurance agents and their families will be getting medical reimbursement up to Rs 25,000 if they are under hospitalization due to infection from coronavirus.
  • This benefit is applicable till 30th June 2020.

Question:

Q.1 Which insurance company has become the first one to offer additional benefits related to COVID-19 with no extra cost for its policyholders and agents?
a. ICICI Lombard
b. Tata AIA Insurance
c. Bajaj Allianze
d. HDFC Ergo
Additional Benefits to Policy Holders and Agents—By Tata AIA Insurance Additional Benefits to Policy Holders and Agents—By Tata AIA Insurance Reviewed by Neha Verma on April 16, 2020 Rating: 5

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