Karnataka Vikas Grameena Bank has tied up with Liberty General Insurance Co. Ltd. for the purpose
A micro policy at affordable rate for providing insurance cover for vector-borne disease has been launched by Karnataka Vikas Grameena Bank (KVGB) in association with Liberty General Insurance Co. Ltd.
Chairman of the KVG Bank P. Gopi Krishna and Vice-President of Liberty General Insurance Manish Kotian unveiled the special micro insurance product, Janarakshaka, at a function in Dharwad recently.
Mr. Gopi Krishna said that as the rainy season approaches, chances of people contracting vector-borne diseases such as dengue, malaria, chikungunya, Japanese Encephalitis, Kala-azar, lymphatic filariasis and Zika virus increase.
Under the policy, the policyholder will get immediate relief of ₹10,000 as a one-time compensation if he contracted any of the vector-borne diseases. The claim procedure has also been simplified. In addition, an accidental death coverage of ₹20,000 has also been included in the policy.