The threat of getting infected with the covid-19 or the novel coronavirus, which has sent India into a lockdown, has reinforced the importance of having adequate health insurance and life insurance, if you have financial dependants.
If you don’t already have these two basic covers, don’t wait for the lockdown to get over and buy them now. If you are thinking that may not be possible because you would need to undergo medical tests before buying a life or health insurance cover, you need not worry.
In order to be able to issue policies in the midst of the lockdown, without meeting customers, insurers have relaxed norms and are adopting alternative evaluation methods instead of relying on medical tests.