Medical insurance should be typically taken for at least one year to cater to any health issue which could commence during the lockdown but extend beyond. However, insurers can also tailor health policies to suit the budgets of small enterprises.

The government has made it mandatory for all employers which resume functioning as the lockdown gets over, to provide medical insurance to their employees.

Roopam Asthana, CEO and Director, Liberty General Insurance said that earlier it was not mandatory for all employers to provide health insurance cover to their employees. “However, some employers were buying ‘Group Health Insurance’ from insurance companies to cover their employees.”

A corporate group health insurance policy generally covers hospitalisation expenses of employees as well as defined family members including parents or parents-in-law up to a prescribed limit.

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