Aegon launches Life Insurance with Covid-19 Cover

Our Bureau Mumbai | Updated on May 27, 2020

Aegon Life, along with e-commerce marketplace Flipkart, has launched ‘Life Insurance with Covid-19 Cover’ for hospitalisation expenses up to Rs 1 lakh.

This is to provide Flipkart customers with a comprehensive insurance cover against Covid-19, that can be availed on the Flipkart app instantly along with the base life insurance plan.

This offering supports the policyholder by covering hospitalisation costs of up to Rs 1 lakh on minimum 24 consecutive hours of hospitalisation on the first-ever diagnosis of Covid-19 condition along with death benefit from the life cover, the company said in a statement.

“The policy takes care of hospitalisation costs, which will help curb the financial burden that may arise if a person is declared Covid-19 positive. In case of death, one can avail of the life benefit through the base plan, which will help in supporting the insured's family,” Satishwar Balakrishnan, CFO and Principal Officer of Aegon Life said.

Published on May 27, 2020

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