COVID Shield: Insure Your Life Against Coronavirus in just 26 Dirhams!

The current pandemic around the world is known to all, while our preparation to fight against it is something that we are uncertain of. There are many ways to fight the battle of life but there is no option to account on, once the battle is lost. We witness the rat race between the economies to the discovery of a vaccine or a medicine that could fight the novel virus, but at present, we are only left with precautions, building our immunity and hope for a better future with constant human efforts to tackle the ailment. One such effort, addressing the present crisis led to the development of an insurance product that correlates with medical and life coverage specifically designed for COVID-19. COVID Shield is the only promising insurance product available that acknowledges the complete risk to life by the novel coronavirus. It is soon catching on everyone’s attention as people begin to realize it’s importance and benefits it offers.

A man who dies without adequate life insurance should have to come back to see the mess he created. - Will Rogers

Benefits of COVID Shield

COVID Shield is a special insurance plan designed by 971 Insurance in collaboration with Orient Insurance PJSC, which insures the risk to life due to COVID in particular. Promising benefits of this insurance policy include

• Death due to any cause.
• 24 hours worldwide coverage. This gives the policyholder an ease of mind with security while being on the travel.
• According to the policy wordings, it offers 100% of the sum insured payable. Further benefits can be studied in the policy document.

Coverage Period

The coverage period means the tenure of the policy to provide insurance protection against the risk of COVID. The salient features of the coverage period are as follows

• The policy wordings claim to cover the risk right from the date of inception of the policy until the expiry or termination of the same, while not exceeding 12 months.
• Benefits that are mentioned for death shall be payable only if reported within 3 months from the date of death.

Conditions to the Policy

No wonder the policy is too good to be true and that is why there are certain conditions that the policyholder must adhere to while utilizing the benefits. The two such conditions are

• Policyholders must not accumulate the benefits with any other payable policy.
• Irrespective of the number of medical policy held by the policyholder, the total benefits will be limited to AED 100,000.

Policy Exclusions to COVID Shield

All the insurance policies have terms and conditions to them, it becomes vital to understand the exclusions to COVID Shield policy which may not be covered during risk. Salient exclusions mentioned in the policy wordings are

• Pre-existing illness for 12 months
• Suicide and/or attempted suicide
• Diseases acknowledged by WHO as an epidemic or pandemic level 5 or 6
• Murder, Political assassination or provoked assault
• Mental illness or disease
• Involvement in excursions, adventurous activities
• War affected regions/war zones
• Terrorism

For further understanding of the insurance policy, it is advisable to refer to the policy documents.

The COVID Shield could be purchased online at protectme.971insurance.ae while instantly covering yourself and your family against the risk to life by COVID-19.