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Caronavirus Pandemic:Confirmed cases cross 7,000 across India; Governments gear up for extending lockdown with some possible relaxations

The Union Home Ministry also sought views of State governments on the 21-day lockdown including on whether more categories of people and services need to be exempted, officials said on Friday, amidst indications of a possible two-week extension of the nationwide restrictions to curb the spread of coronavirus.The Health Ministry in the meantime maintained that no community transmission is taking place as yet in India, while the World Health Organisation also put the country in a category named ‘cluster of cases’ – a notch below the community transmission stage and a classification used by the global body for cases “clustered in time, geographic location and/or by common exposures”.

LIC settles 16 COVID-19 death claims, extends prm payment grace period by one month

LIC’s policyholders can now pay premiums through any of LIC’s digital payment options without any service charge. Policyholders do not need to register on the website for paying premium but can directly pay by giving basic details.
In addition to providing facilities for online premium payments for existing policies, LIC has made five plans available online and these can be purchased with ease while at home. These plans are LIC’s Tech Term, which is a Pure Protection Plan, LIC’s Jeevan Shanti Annuity plan,  LIC’s Cancer Cover, LIC’s SIIP and Nivesh Plus – the last two being ULIP plans which are available at very attractive NAV. 

India decides to extend nationwide coronavirus lockdown till Apr 30

Modi is likely to give a televised address to the nation again to announce the lockdown extension. At the end of the four-hour meet today, PM Modi said he will allow industries and construction work to reopen in a graded manner. Other restrictions are also likely to be eased in a graded manner and another economic package for farmers is expected.

Covid-19 covers of ICICI Lombard and Digit Insurance to be available in Flipkart platform

‘Digit Illness Group Insurance’  offered by Digit Insurance allows consumers to avail a hospitalization cover up to a sum assured of Rs.1 lakh with an annual premium of Rs.511. Further, there is no limit on room rent or ICU. The policy covers 30 day pre and 60 days post hospitalization fee. Additionally, policyholders can also avail 1% of the sum assured for ambulance services.

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