Corona Care- An Insurance Policy Launched by PhonePe and Bajaj Allianz General Insurance

Published on April 03, 2020
Current Context: PhonePe has partnered with Bajaj Allianz General Insurance to launch a coronavirus hospitalization insurance policy called “Corona Care”.
Corona Care- An Insurance Policy Launched by PhonePe and Bajaj Allianz General Insurance

  • PhonePe users can purchase their Coronavirus insurance policy under the “My Money” section on the PhonePe app.
  • 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.

Static part: 

  • HQ of PhonePe: Bengaluru
  • CEO of PhonePe: Sameer Nigam
  • HQ of Bajaj Allianz General Insurance: Pune
  • MD & CEO of Bajaj Allianz General Insurance: Tapan Singhel

Question:

Q.1 PhonePe and Bajaj Allianz General Insurance partnered to launch which of the following insurance policy? 
a. COVID-19 Care
b. Corona Care
c. COVID-19 health Insurance
d. C-19 Care

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