BIG: IRDA Instructs All Medical Insurance Companies To Include Coronavirus As A 'disease'

General News

IRDA has instructed all medical policy companies to include Coronavirus as a 'disease' irrespective of their policy measures and terms.

Written By Ananya Varma | Mumbai | Updated On:
IRDA

Insurance Regulatory and Development Authority (IRDA) has instructed all medical policy companies to include Coronavirus as a 'disease' irrespective of their policy measures and terms. The IRDA has stated that if the disease includes hospitalization, it will include Coronavirus. A few days ago the Karnataka government announced that it was mulling providing additional health insurance coverage to doctors and paramedics treating the COVID-19 cases and working in the laboratories besides existing schemes.

Read: 'We Have Been Vigilant, 820 Isolation Beds Ready': Uttar Pradesh Health Min On Coronavirus

This move by the IRDA comes shortly after India witnessed a spike in the number of Coronavirus cases which have now hit 73. The Ministry of Health & Family Welfare yesterday issued an advisory stating that all existing visas, barring diplomatic, UN/International Organisations, employment and project visas, will stand suspended till April 15, 2020.

Read: EAM Jaishankar Addresses LS On Steps Taken For Evacuation Of Indian Nationals In Iran

Coronavirus declared as a pandemic

On Wednesday, the World Health Organisation (WHO) declared the Coronavirus (COVID-19) as a global pandemic after the deadly virus spread to 114 countries, resulting in the deaths of over 4,000 people worldwide. Taking to Twitter, WHO chief Tedros Adhanom finally declared the disease as a global pandemic, calling all nations to get very serious over the issue and take all necessary measures to contain the virus from spreading at this rate. 

Read: Karna Govt Planning Additional Health Insurance Cover To Docs, Paramedics Treating COVID-19 Patients: Minister

Read: 'Markets Overreacting To News Flows On Coronavirus': Says Expert As Sensex Nosedives

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