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Edelweiss General Insurance Health Policy Covers Treatment For COVID-19MUMBAI, March 23, 2020 /PRNewswire/ -- The Coronavirus infection has impacted thousands of people worldwide. For those impacted, the stress goes beyond health and involves high medical costs, loss of pay (in some case) and associated financial stress. It is important for people to be aware that if they have a regular health insurance plan from any insurer paying for medical costs either through a cashless facility or reimbursement, all illnesses including Covid-19 are covered. Further in view of serious challenges by this pandemic for customers, Edelweiss General Insurance has taken the following steps for its customers:
Edelweiss General Insurance also has an innovative and modular product structure with their Group Total Protect, under which they can customize solutions to provide cover against a wide range of illnesses including pandemics and vector borne diseases, at affordable costs. Any employer or other existing groups can customize this for their employees, customers or members using the following features:
A benefit package providing Rs. 25,000/- of Accident cover, Rs. 2000 per day of hospitalization up to a maximum of 15 days and out-patient expenses of Rs. 10,000/- can be purchased anywhere between Rs.50/- and Rs.100/- per person per year. The benefits and amounts can be customized to the specific needs of the group. Speaking on the development, Shanai Ghosh, CEO, Edelweiss General Insurance, said, "I urge people to be aware of risks and stay safe in this current environment. Hygiene and social distancing are first lines of defence for everybody to safeguard themselves from COVID-19. In an unfortunate situation of being detected and testing positive, or suspected and quarantined in a facility specified by the government, we have ensured that at least the cost burden is eased for our customers. And with our Group Total Protect policy, we can provide basic accident and health cover for a variety of infectious diseases including Coronavirus at an affordable cost." Edelweiss General Insurance has one of the most innovative products in the health segment, offering unique services like zero deposit admissions, zero-minute discharges and emergency assistance services. This is in line with the Company's emphasis on being accessible and relevant to customers aligned to their evolving needs. About Edelweiss General Insurance Edelweiss General Insurance (EGI) is the first cloud native insurer, which started its operations in February 2018, with a digital operating platform and a clear intent and focus to transform customer experience in its category of play. It is also the first insurer to implement the entire SAP insurance suite in India, creating an integrated, robust, scalable and microservices-based, API driven architecture. The company aims to create simple, yet compelling products accompanied with meaningful services that offer contextual value to the customer. Consumer insight driven strategy coupled with technology-powered execution engine allows them to differentiate themselves in a competitive market. The company is exploring new-age paradigms like design thinking and gamification and exponential technologies like AI/ML, Big data analytics to create new products and experiences making the customer journey simpler, faster and more transparent. The company was recently awarded 'Insurtech Company of the Year' at the India Insurance awards 2020. For further information, please contact: Aruna Balkrishna Singh Renuka Bhide Edelweiss General Insurance - Social Media Handles: Twitter: @EdelweissGI Edelweiss Financial Services - Social Media Handles: Twitter: @EdelweissFin
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