Amazon is arranging Covid-19 health insurance cowl free of value for registered sellers on its market by Acko General Insurance.
Amazon.in will absolutely fund the premium value for this group insurance coverage that might be legitimate for one yr after activation. Sellers with an energetic itemizing on Amazon.in between January 1, 2020 and May 1, 2021 can enroll themselves underneath the group coverage to get protection for Covid-19 hospitalisation and medical bills up to Rs 50,000.
In addition, the insurance coverage will cowl domiciliary remedy bills as prescribed up to the sum insured.
Vice President Manish Tiwary stated: “While we sincerely hope that not one of the market sellers want to use this, the coverage ensures that in the event that they want it, their medical bills are taken care of by the insurance.
In a press be aware, Amazon stated that the corporate has engaged with Acko to present protection, handle the coverage supply and deal with claims and reimbursements and it’ll open a 30-day enrolment window whereby eligible sellers can enroll themselves by offering fundamental private particulars and KYC paperwork. No medical exams might be required for registration and opt-in.Â
For every vendor account, just one individual could also be coated underneath the insurance coverage. Once the requisite particulars are processed, a Unique Health Identification (UHID) quantity might be issued post-registration to {the marketplace} sellers by Acko, which they’ll use to file their claims and reimbursements.
 “To claim reimbursement for COVID-19 related hospitalization and treatment expenses, we will set up a mechanism to enable eligible sellers to apply directly to Acko. The claim under the policy will be payable for a seller who is enrolled under the policy and who tests positive for COVID-19 for the first time, after 15 days from the date of issuance of cover. Expenses incurred on co-morbidity in case of COVID-19 hospitalization will be covered under the policy, ” the corporate stated.
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