Karnataka Bank launches health insurance to cover COVID-19 pandemic

As part of its social commitment, a special health insurance policy has been launched by the Karnataka Bank in association with Universal Sompo General Insurance Company Ltd to cover the uncertainties posed by COVID-19 pandemic. Under this health insurance policy, an individual can avail health cover for COVID-19 at a nominal premium of Rs 399, with the validity period of 120 days.

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The health insurance policy will cover COVID-19 pandemic related health expenses such as in-patient hospital expenses of up to Rs 3.00 lakh, outpatient treatment expenses of Rs 3000 and will also offer a sum of Rs 1000 per day towards expenses incurred towards 14 days of quarantine at a government or military hospital. All the customers of the Bank in the age group of 18-65 years will be able to subscribe the policy.

Important takeaways for all competitive exams:

  • MD & CEO of Karnataka Bank: Mahabaleshwara M.S.

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