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Insurance for COVID-19-related complications

Insurance for COVID-19-related complications

COVID19 Insurance is a life insurance and covers you with cash indemnity due to COVID-19 virus

Cost of Insurance

Total cost of insurance is 19 GEL and is charged in the form of a one-time fee

 

Compensation procedures 

 

  • Legal heir of the deceased will recieve a one-time compensation of 50,000 GEL
  • The insurer will recieve a one-time compensation of 10,000 GEL upon detection of COVID-19 related complications

 

Required documents

  • The insured must sign a statement proving that they are not expecting results of the COVID-19 test or have not tested positive for the virus on the date of signing the policy, and do not have cardiovascular, respiratory or oncological diseases and/or diabetes

Cost of insurance

 

  • Total cost of insurance is 19 GEL and is charged in the form of a one-time fee

 

Insured risks

 

 

 

  • Hospitalization due to COVID-19 related complications
  • Death

 

Who the insurance is for

 

  • Citizens or permanent residents of Georgia aged 18-65

 

Waiting period

 

 

  • The insurance is activated 20 days after signing of the policy and no benefits may be claimed until the end of the waiting period