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Have You Considered Taking Corona Kavach Policy July 27 2020Health Insurance

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The Coronavirus pandemic has affected the lives of millions across the globe. The number of patients suffering from the virus isincreasing day by day. As of now, there are no specific vaccines or treatments available for the disease. Besides, the cost of treatment for an infected person in the hospital is very high. Since anyone can contract the Coronavirus disease, it is advisable to take Corona Kavach health insurance policy for COVID-19 to avoid the excess financial burden and to take care of hospitalization expenses.

What is Corona Kavach Health Insurance?

The Insurance Regulatory and Development Authority of India (IRDAI) has allowed health and general insurance companies to offer an insurance product called Corona Kavach. By taking the Corona Kavach health insurance policy you can protect yourself and your family members from the treatment cost of Coronavirus. The coverage of the policy shall start from the day you get diagnosed with the Coronavirus infection.

Features of Corona Kavach Health Insurance

·         This policy can be taken on an individual or floater basis.

·         The sum assured varies depending on the amount of policy taken by you. However, the minimum sum assured must be Rs. 50,000 and maximum is Rs. 5 lakh.

·         Corona Kavach offers three policy tenures - 105, 195 and 285 days or 3.5, 6.5 and 9.5 months, respectively.

·         The sum assured or base coverage applies when there is hospitalization for a minimum of 24 hours. The claim of the sum assured shall be paid by the insurer irrespective of the period of stay at the hospital.

·         The policy can be availed by persons between the age of 18-65 years and children between 1-25 years.

Comparison of Corona Kavach Insurance Premium

·         Bajaj Allianz

Source: TimesNow News

 

·         Star Health

Source: TimesNow News

 

·         Oriental Insurance

Source: TimesNow News

 

·         National Insurance

Source: TimesNow News

The above statistics reflect that taking Corona Kavach health policy is the need of the hour to protect yourself from the unexpected expenses due to Coronavirus. If you are interested in knowing more about the Corona Kavach health policy, you may get in touch with Indira Securities. We would be glad to assist you explain its benefits in detail. 

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Prevent Unauthorized Transactions in your demat and trading account --> Update your Mobile Number/Email id with your Depository Participant and Stock Broker. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat/trading account directly from CDSL and Stock Exchanges on the same day.........issued in the interest of investors...

1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.

2. Update your Mobile Number & Email Id with your Stock Broker/ Depository Participant and receive OTP directly from Depository on your Email Id and/ or Mobile Number to create pledge.

3. Pay 20% upfront margin of the transaction value to trade in cash market segment.

4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued by NSE vide. Circular No. NSE/INSP/45191 dated: July 31, 2020 and NSE/INSP/45534 and BSE vide Notice No. 20200731-7, dated: July 31, 2020 and 20200831- 45 dated: August 31, 2020 and dated: August 31, 2020 and other guidelines issued from time to time in this regard.

5. Check your Securities/ MF/ Bonds in the Consolidated Account Statement issued by NSDL/ CDSL every month.

"As per the directives of CDSL and esteemed Exchanges, it has been made mandatory for every client to furnish their latest KYC details viz. Valid Mobile No., Email- Id & Income range on or before 31.05.2021 else your Account will be marked as Non Compliant and will be Freezed till the compliance of such requirement."
REGISTRATION NOS:

INDIRA SECURITIES PVT.LTD. (SEBI REG.NO.):NSE TMID: 12866, BSE TMID: 663, CDSL DPID: 17000 SEBI REG. NO.: INZ000188930, MCX TM ID: 56470, NCDEX TM ID: 01277, CDSL REG. NO.: IN-DP-90-2015

DISCLAIMER:

"INVESTMENT IN SECURITIES MARKET ARE SUBJECT TO MARKET RISKS, READ ALL THE RELATED DOCUMENTS CAREFULLY BEFORE INVESTING."

INVESTORS GRIEVANCE

Jyoti Singh. Email: compliance@indiratrade.com. Call : 0731-4797275