Anticoronavirus Insurance
Insurance coverage against COVID-19 is a timely created solution with taking care of the customer’s safety and health.
«Anticoronavirus» insurance product is a type of life insurance that offers insurance coverage in case of infection by COVID-19 and death of the Insured for any reason during the insurance period, valid throughout the territory of the Republic of Azerbaijan.
Insurance premium varies depending on the age of the insured.
The established age limit is divided into 2 groups, and there are 3 types of insurance packages for each age group.
18-50 age group
Insurance premium | Insurance coverage - Sublimit in case of infection |
---|---|
39 AZN | 1 000 AZN – 250 AZN |
79 AZN | 2 000 AZN – 600 AZN |
119 AZN | 3 000 AZN – 900 AZN |
51-60 age group
Insurance premium | Insurance coverage - Sublimit in case of infection |
---|---|
65 AZN | 1 000 AZN – 250 AZN |
135 AZN | 2 000 AZN – 600 AZN |
195 AZN | 3 000 AZN – 900 AZN |
Insurance risks by type of insurance
- COVID-19 infection
- Death of the Insured for any reason during the insurance period
Insurance payment of the 1st risk is only possible if laboratory diagnosis of Covid-19 established in blood by PCR or IgM tests.
Contract waiting period:
- Insurance against incurable diseases - 14 calendar days;
- Term life insurance – 30 calendar days.
"Anticoronavirus" Insurance Product provides for a waiting period, determined by the commencement of the contract. Insurance case that happened during this period does not covered by Insurance Company.
FAQ
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1. In what cases is payment for the "Anticoronavirus" insurance product issued?
In case of infection with the COVID-19 virus and death of the insured.
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2. For how long is the insurance contract concluded?
The insurance contract is concluded for 6 months.
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3. What is the sublimit?
Restriction on insurance payment within a specified amount. Risk of infection is the sublimit for “Anticoronavirus” insurance product.