covid-19 testing travelers Coronavirus

₹2 lakh if you test positive, cover for pay cut

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In the wake of coronavirus outbreak in the country, Reliance General insurance recently launched a COVID-19 insurance scheme.

Anyone who tests positive for novel coronavirus will get the benefits under this new insurance policy. Reliance General insurance offers a lump sum amount up to 100% of the sum assured if you test positive for the virus.

Even if the person is quarantined, the plan offers 50% of the sum-insured for that period. The plan covers anyone between the age of 3 months to 60 years.

The sum insured options range from ₹25,000 to ₹2 lakh. The plan has a policy period of one year and the waiting period is for 15 days before one can claim against the policy, according to a statement by the company. "We have designed this product

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