Karnataka Bank offers Covid-19 policy at nominal cost

MANGALURU: Private sector Karnataka Bank Ltd, as part of its social commitment to protect the health of common man, has launched a special health insurance policy to cover uncertainties posed by Covid-19 pandemic.
The bank, in association with Universal Sompo General Insurance Company Ltd, has launched this health policy. At a nominal premium of Rs 399 inclusive of all taxes, one can avail health cover for Covid-19 under this policy.
Mahabaleshwara M S, managing director and CEO the bank said, “With the objective of providing insurance cover for individuals for Covid-19 related health expenses, this policy will cover in-patient hospital expenses up to Rs 3 lakh, outpatient treatment expenses of Rs 3,000, and also provide a sum of Rs 1,000 per day towards expenses incurred towards 14 days of quarantine at a government or military hospital. Validity of this policy is 120 days.”
The policy is available to all customers of the Bank in the age group of 18-65 years. People who are not existing customers of the bank are also eligible to buy this policy immediately after establishing a banking relationship. Customers/public may contact their nearest branch for details, Mahabaleshwara said while appealing to all to subscribe to this health policy which is envisaged primarily with a social commitment to protect self and family.