PayPoint takes Covid-19 health insurance policy to its customers in India’s unserved rural areas
PayPoint has more than 60,000 retail stores across India
Hyderabad: PayPoint India, a last-mile distributor of Financial Services, rolls out Covid-19 health insurance policy for its customers in the under-served regions of India, including rural areas. The protection plan covers hospitalization expenses up to Rs 2 lakhs at a nominal premium of Rs 799.
PayPoint, which has more than 60,000 retail stores across India, and Go Digit General Insurance have joined hands to deepen insurance penetration and enhance access to coronavirus protection cover for rural families. Customers will be guided about the policy features by PayPoint to ensure that they fully understand the product and its benefits.
Ketan Doshi, Managing Director of PayPoint India, said, “When the country is going through tough times, more than 80% of people in urban India and 85% in rural India do not have any health expenditure coverage. There are a lot of rejections or deductions in claims settlements for Covid-19, and medical inflation is making treatments unaffordable. This dedicated cover for coronavirus would secure our customers from financial impact due to hospitalization in such a scenario.”