Home Current Affair March 2020 ICICI Lombard launched Coronavirus (Covid-19) insurance policy

ICICI Lombard launched Coronavirus (Covid-19) insurance policy


  • On 21st March, the ICICI Lombard General Insurance Company Limited has launched Coronavirus (COVID-19 Protection Cover) insurance policy.
  • Its Objective,
    - This Coronavirus insurance policy will give benefits to all those whose test positive for novel coronavirus (Covid-19) and require hospitalization.
  • COVID-19 Protection Cover,
    - This policy is available in two premiums of Rs 459 + GST and Rs 918+ GST. Users (18-65 Years) can purchase the policy online or through the ICICI Lombard agents.
    - The Coronavirus Insurance Policy will provide a Rs 21,000/- & Rs 42,000/- lump-sum amount.
  • ICICI Lombard,
    - ICICI Lombard General Insurance Company is a joint venture between ICICI Bank and Toronto based Fairfax Financial Holdings Limited, which was founded in 2001.
    - Its HQ is in Mumbai, Maharashtra.
    - Bhargav Dasgupta is the ICICI Lombard Managing Director (MD).

Published On : 21 Mar 2020

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