The COVID-19 crises have underlined the role technology can play in underwriting life and health policies.
Santosh Agarwal, CBO – Life Insurance, Policybazaar.com said that the telemedical has emerged as a faster, safer and most secured way to issue insurance for the consumers in the current environment.
It is quite obvious that if the healthiest people or the young generation- who is at the least risk of being infected with the novel coronavirus - don’t show up in emergency rooms, more resources would be available to treat the most vulnerable patient - elderly and kids – who need extra care. It is advised that if you are looking for an affordable, convenient health and life insurance plan anytime soon, consider getting one plan that offers insurance plan through telemedical.
Why Telemedical Is the Way Forward?
Amidst the corona outbreak, online aggregator like PolicyBazaar.com has partnered with insurance companies including both, life and health companies to issue a policy by way of telemedical consultation instead of a physical medical test.
The online aggregator/channel has worked with Insurance companies to ramp up their telemedical services with an increased volume of physicians and other health professionals lined up to consult with patients and assess their health condition over a call making the need of visiting a physical centre during the COVID-19 outbreak redundant.
It won’t be wrong to say that allowing people to buy health and life insurance through virtual care options such as telemedical can be an effective way while minimising their exposure to other potentially contagious viruses.
By offering policies through telemedical, online insurance platforms aim to continue providing an essential service like Term Life and Health Insurance to more and more customers as pandemic situations like these are a wake up call that make us realise the importance of having a robust insurance cover that protects against death, disease, and disability. Notably, the coronavirus continues to spread to across 192 countries around the world and infect more than 4,22,000 people, hospitals and clinics are expecting a swell in the number of visitors to emergency rooms.
The COVID-19 outbreak has till now claimed over 18,900 lives with the maximum being in Italy, China and the USA.