Amazon India to Offer Free COVID 19 Health Insurance to Sellers
Amazon India to Offer Free COVID-19 Health Insurance to Sellers 5x4r33
The COVID-19 health insurance will benefit Amazon sellers who have had an active product listing on the Amazon.in site from January 2019. 1345w
By Jagmeet Singh | Updated: 27 May 2020 17:47 IST
Amazon India will open a seven-day enrolment window for sellers to enrol them for the insurance 126w2t
Highlights
Amazon India has partnered with Acko General Insurance for new initiative
The insurance will offer an assistance of up to Rs. 50,000
Amazon Seller Central has listed the eligibility criteria for the sellers
ment
Amazon India announced that it is providing free COVID-19 health insurance to all its sellers in the country. The insurance will cover COVID-19 hospitalisation and treatment as well as ambulance assistance and ICU charges of up to Rs. 50,000 for one year, the e-commerce giant said in a press statement. The company has partnered with insurance company Acko General Insurance to manage the policy delivery and handling of claims and reimbursements. The insurance will be fully funded by Amazon India.
This will be available for Amazon sellers who had an active product listing on the Amazon.in site between January 2019 and May 26, 2020. Amazon will provide a seven-day enrolment window to let sellers enrol themselves by providing their particulars and KYC documents.
Sellers will not be required to take any medical tests for the registration of the insurance. Only one person will be covered under the insurance policy, as per the and conditions decided by the company.
To claim COVID-19 related hospitalisation and treatment expenses, ed sellers will need to inform Acko, and a standard waiting period of 15 days will be applicable at the start of the insurance policy.
“Good health is the foundation for our sellers to run their business and are rolling out a group health insurance benefit to help them cover for medical expenses in case of hospitalisation and treatment due to COVID-19,” said Gopal Pillai, Vice President Seller Services, Amazon India, in the statement.
“While we sincerely hope none of our sellers need to use this, we want to make sure they have a sense of security and one less thing to worry about and can focus on developing their business.”
Sellers can check the eligibility criteria and other details regarding the insurance by visiting the Amazon Seller Central.
How are we staying sane during this Coronavirus lockdown? We discussed this on Orbital, our weekly technology podcast, which you can subscribe to via Apple Podcasts or RSS, the episode, or just hit the play button below.