Since the pandemic has taken the place in our lives, people are not more worried if they can buy an insurance or not. If they go to any private hospital, they are charging a lot from them. And in the government hospitals, beds are not available.
Due to this, all the customers are waiting to buy the COVID insurance policy. And since the country is still in the lockdown, people are waiting to buy the policy. And now since the policy is available online, it is still not easy to buy it.
According to Mayank Bathwal, CEO, Aditya Birla Health Insurance Co. Ltd, “The product was launched in a very short time. The response from the customers has been encouraging and for now, Corona Kavach can be bought from our large distribution set-up.”
We are working on its online-readiness, and so are HDFC Ergo General Insurance Co. Ltd and Bajaj Allianz General Insurance Co. Ltd. All three have launched Corona Kavach but not Rakshak.
Few other experts says- Even people who are approaching agents to buy the covid-19 policies are unable to get a cover for family members who suffer from chronic diseases. I think there is a fear of experiencing high volume of claims which is natural because the waiting period is only 15 days,”