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Arthur D. Little

Arthur D. Little has been at the forefront of innovation since 1886. We are an acknowledged thought leader in linking strategy, innovation and transformation in technology-intensive and converging industries. We enable our clients to build innovation capabilities and transform their organizations. ADL is present in the most important business centers around the world. We are proud to serve most of the Fortune 1000 companies, in addition to other leading firms and public sector organizations. For further information, please visit www.adlittle.com

FINNOVATING

Finnovating is a Matching as a service platform that enables X-Techs from all around the word to connect , collaborate and get the funding they need to grow from investors and corporations globally. The Finnovating platform is a space were the key players of the Tech industry can connect together easily and boost global Tech innovations.

SØNR

Sønr is the world’s most comprehensive source of innovation intelligence. It is a subscription platform used by some of the best known insurance companies globally.

It tracks millions of companies around the world and provides insight on the latest market trends, the startups and scaleups reshaping the industry, and intelligence on how other big insurers are innovating.

Sønr includes a suite of tools designed for teams to better collaborate and connect. From recording meetings to capturing and sharing Notes, to being able to track and share activity across the company using Watchlists and CRM boards.

The platform is backed up by a team of consultants, researchers and analysts who support clients in discovering and creating new business opportunities.

The Banking & Finance Post – Why is it important to insure against Covid-19 crisis

Executive summary :

The corona epidemic is not just impacting the financial sector. It is also causing irreparable damage to the health of the people. On the other hand, the corona effect is blowing jobs.

 The Digital Insurer reviews The Banking & Finance Post’s Report on Why is it important to insure against Covid-19 crisis

COVID-19 has forced insurers to adapt to new demands for cover

Given rising corona cases, various state governments have also granted permission to private hospitals for corona testing and treatment. Governments have also decided how many private hospitals will charge for corona treatment.

Many questions to be answered

However, people are losing jobs and the financial situation is worse in this tenure.

What if the corona gets infected in unexpected situations? How to bear the cost of treatment?

It does not matter if you have previously taken health insurance. Covid-19 insurance can be added to a health insurance policy. But what if there is no policy?

In the current scenario, which is the right insurance policy? What kind of policy should be taken? Is it advisable to invest in only corona specific plans or bundled the same with term insurance as well?

Let us know the answers to these questions.

Is cover affordable?

As the corona booms around the world, many insurance companies are launching COVID insurance policies at affordable prices. Some companies have added add-ons to policies they have already taken out. IRDAI has also directed insurance companies to launch the standard COVID-19 insurance scheme by July 10 in the wake of the rising number of COVID-19 cases.

However, most companies are already introducing fixed hospital linked insurance plans and Corona Rakshak and Corona Kavach policy are also launched.

  1. Fixed benefit schemes
  2. Hospital linked schemes
  3. Fixed benefit schemes

If this insurance plan confirms that you have COVID positive, then you will receive a large lump sum amount in the form of financial assistance.  For example, if you take two lakh coverage, you will get these two lakh rupees as soon as COVID-19 is positively confirmed.

However, this insurance premium is a bit higher. The recently introduced Corona Rakshak policy falls under this category.

See the full report for more…

Link to Full Article:: click here

Link to Source:: click here

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