Now, buy COVID insurance policies till March 2022

Being attentive to hefty COVID-19 therapy payments, the Insurance coverage Regulatory and Growth Authority of India (IRDAI) had directed common and medical insurance corporations to launch standardised COVID-19 well being insurance policies in July 2020. Named Corona Kavach and Corona Rakshak (additionally provided by some life insurers), these short-term plans had been to be initially provided until March 31, 2021. Nonetheless, the second wave prompted the regulator to ask insurers to supply these covers – recent in addition to renewals – as much as September 30, 2021. Now, the IRDAI has as soon as once more prolonged the date to March 31, 2022.