There is good news for people in the country who are bothered by diseases caused by mosquito bites. Now health insurance can also cover diseases caused by mosquitoes. According to an order issued by the Insurance Regulatory and Development Authority of India (IRDA), from April 1, 2021, people will get the benefit of health insurance on diseases caused by mosquito bites.
According to media reports, the diseases include malaria, dengue, chickenpox and Zika fever. For this, insurance companies will have to introduce a simple health insurance policy.
The policy will be issued in the name of Mashak Rakshak
According to media reports, the health insurance policy will be issued in the name of Mushak Rakshak.
According to the news, under the Mashak Rakshak insurance policy, the policyholder will be given a maximum sum assured between Rs 10,000 and Rs 2 lakh. The Insurance Regulatory Development Officer has issued guidelines on mosquito repellent policy. IRDA has directed all general and health insurance companies to make the mosquito repellent policy available to consumers from April 1, 2021.
The policy will be valid for 12 months
“There is a need today for a special insurance product for the treatment of mosquito-borne diseases,” says the Director of Insurance. The Mosquito Protector Health Policy will be for a period of 12 months and can be updated after a period of 12 months by paying a premium.
The Director of Insurance says, “According to their assessment of insurance companies, premiums will be allowed to be fixed, but the plan should be the same for all geographical areas and will not be allowed to fix premiums on the basis of any location or region.” Let me tell you, the Director of Insurance had laid down the guidelines for the Mosquito Protection Policy in November 2020 and their advice was sought from all stakeholders.