Amazon India introduced that it’s offering free COVID-19 medical insurance to all its sellers within the nation. The insurance coverage will cowl COVID-19 hospitalisation and remedy in addition to ambulance help and ICU prices of as much as Rs. 50,000 for one yr, the e-commerce big stated in a press assertion. The corporate has partnered with insurance coverage firm Acko Basic Insurance coverage to handle the coverage supply and dealing with of claims and reimbursements. The insurance coverage premium can be totally funded by Amazon India.
This can be out there for Amazon sellers who had an energetic product itemizing on the Amazon.in web site between January 2019 and Might 26, 2020. Amazon will present a seven-day enrolment window to let sellers enrol themselves by offering their particulars and KYC paperwork.
Sellers is not going to be required to take any medical assessments for the registration of the insurance coverage. Just one particular person can be lined beneath the insurance coverage coverage, as per the phrases and circumstances determined by the corporate.
To assert COVID-19 associated hospitalisation and remedy bills, registered sellers might want to inform Acko, and a regular ready interval of 15 days can be relevant firstly of the insurance coverage coverage.
“Good well being is the inspiration for our sellers to run their enterprise and are rolling out a bunch medical insurance profit to assist them cowl for medical bills in case of hospitalisation and remedy as a result of COVID-19,” stated Gopal Pillai, Vice President Vendor Companies, Amazon India, within the assertion.
“Whereas we sincerely hope none of our sellers want to make use of this, we need to ensure they’ve a way of safety and one much less factor to fret about and may deal with creating their enterprise.”
Sellers can verify the eligibility standards and different particulars concerning the insurance coverage by visiting the Amazon Vendor Central.
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