- The 'Covid Shield+' is India’s first individual Covid-19 life insurance product.
- It provides financial protection against the impact of COVID-19.
- It is the new niche product category in the insurance industry, which fulfil the increased protection need of people, which is vital during this pandemic state.
- It is a cost-effective product which requires no medical test and also provides immediate support to the policyholder.
- The 'Covid Shield+' has a tenure of 1 year with its premium rates starting from Rs 5,329.
- It offers a critical illness benefit of minimum Rs 10 lakh post-24-hour ICU or HDU hospitalization owing to Covid-19.
- Also if diagnosed with COVID-19, the product also triggers minimum enhanced term cover worth Rs25 lakh sum assured.
- People belonging to the age group of 18 to 65 years can opt for this insurance product.
- Static Part:
- HQ of Edelweiss Tokio Life Insurance: Mumbai
- MD and CEO of Edelweiss Tokio Life Insurance: Sumit Rai
Question:
a. Aegon Life Insurance
b. SBI Life Insurance
c. Edelweiss Tokio Life Insurance
