Categories: Business

Canara Bank Signs Agreement With Three Insurance Companies To Provide Corona Armor Insurance


Canara Bank ties up with three insurers to provide Corona Kavach policies

new Delhi. Public sector Canara Bank has tied up with three insurance companies for the sale of short-term Corona Armor insurance policy. This insurance policy provides insurance cover for health expenses associated with Kovid-19. Canara Bank said in a release on Friday that it has tied up with New India Assurance Company Limited, Bajaj Allianz General Insurance Company Limited and HDFC Argo Health Insurance. This is part of his social commitment to the common man.

The bank said that the premium for this policy, which provides insurance cover on health expenses related to corona virus of a person, will start from a minimum of Rs 300. Companies partnering with the bank will offer an insurance health policy called Corona Kavach.

Under these policies, a person can insure a minimum of Rs 50,000 to Rs 5 lakh. It can be purchased individually or for the family. There is no fixed room rental during the treatment of the disease and can also be used for 15 days treatment at home. The insurance period under this policy will be a maximum of nine and a half months.

This post was published on August 1, 2020 12:11 am

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