Life Insure To Cover COVID-19 To Be Available At Flipkart

Ecommerce major Flipkart has tied up with Insurance provider Aegon which will offer a life insurance plan with COVID-19 cover.

The insurance can be availed by Flipkart customers which will cover the medical expenses against the virus COVID-19. It would cover the hospital expenses of Rs 1 Lakh. According to Aegon it is the first in the industry that will provide life and hospitalisation cover for COVID-19. 

During this pandemic, organizations must meet up and work together. At Flipkart, as we keep on taking into account 200 million clients the country over, we accept that a full spread item, for example, 'COVID-19 Hospitalization Cover', will give our clients the truly necessary alternative of having life and hospitalization spread folded up into one item. Our organization with Aegon Life empowers these developments to arrive at buyers moderately and advantageously said the Head Fintech and Payments Group, Flipkart Ranjith Boyanapalli

Satishwar Balakrishnan, CFO, and Principal Officer, Aegon Life, defined their goal is to provide a budgetary guide packaged with life benefits at a moderate rate. The strategy deals with hospitalization costs, which will help control the money related weight that may emerge if an individual is pronounced COVID-19 positive. If there should arise an occurrence of death, one can profit from the existence advantage through the base.  

Karnataka State entered into a memorandum of understanding (MoU) with Flipkart (Mango Department and Marketing Corporation) which will enable mango farmers to sell their produce online. With this procedure it will provide a platform to the farmer, create revenue and give access to the consumer to fulfill their needs.