Though the covid-19 pandemic has resulted in a country-wide lockdown, essential services such as supply of groceries and medicines among others are not suspended.
This could possibly expose these shopkeepers to a greater risk of contracting the disease. To protect such people, merchant payments and lending network BharatPe has partnered with ICICI Lombard General Insurance Co Ltd to launch a coronavirus insurance cover for the 40 lakh merchants on its platform.
The policy can be purchased from the BharatPe mobile application. The health cover is a defined benefit product which will pay out 100% of the sum insured on being tested positive for the pandemic.