Is the new coronavirus considered a major illness insurance? What insurance can cover the new coronavirus?

We all know that the novel coronavirus is a new virus that broke out at the end of last year. It is highly contagious and destructive to the human body. Many people have been infected and hospitalized. So what insurance can cover the novel coronavirus during the epidemic? Let's take a closer look!

Is the new coronavirus considered a major illness insurance?

It is not within the scope of serious diseases, but because the virus causes serious diseases, moderate diseases, mild diseases, terminal diseases, death, total disability, etc., compensation will be paid according to relevant responsibilities, and medical insurance can be reimbursed.

Acute pneumonia caused by the new coronavirus is not considered a major disease. Only diseases listed in the major diseases in the policy are considered major diseases, such as chronic respiratory failure and end-stage lung disease. If acute pneumonia develops to a certain extent and causes serious complications such as deep coma, you can get compensation if the major disease compensation conditions are met. In addition, if the major disease insurance includes death, you can also get compensation for death caused by acute pneumonia.

Currently, there is no COVID-19 insurance in my country's major disease insurance. In response to this epidemic, some insurance companies have developed accident insurance specifically for the new coronavirus.

What insurance can cover the novel coronavirus?

Accident insurance: No compensation will be paid, because COVID-19 is a disease and has nothing to do with accidents.

Life insurance: If death is caused by infection with the new coronavirus, life insurance can be compensated and this part of the insurance money can be collected.

Medical insurance: This will generally be compensated. However, because the new coronavirus pneumonia is an infectious disease, if the medical insurance purchased does not cover infectious diseases, then it will not be compensated.

Critical illness insurance: Because the new coronavirus pneumonia is a new disease, it is not covered by any critical illness insurance, so critical illness insurance cannot pay compensation.

However, because COVID-19 will eventually cause respiratory organ failure, if the patient falls into a coma, organ failure, etc. during the process, and the critical illness insurance claim standards are met, compensation can be paid.

As for other financial insurance, such as pension insurance, education fund insurance, etc., they have nothing to do with the new coronavirus pneumonia and are not within their responsibility.

Is the new coronavirus state-paid treatment insurance still useful?

In fact, the national safety net policy is to reimburse the diagnosis, isolation, and treatment of the new pneumonia. However, the state will not bear the costs of death, sequelae due to the disease, or loss of work due to treatment.

Since the outbreak of the novel coronavirus pneumonia, the cumulative death toll has reached 563, which means that 563 families have been torn apart. Even if the state reimburses the treatment costs of the disease, life insurance based on death still needs to be borne by themselves. In other words, if life insurance is not purchased in advance, these families will not only have to bear the pain of losing their loved ones, but may also have to continue to bear a series of loans such as mortgages.

How to claim for the novel coronavirus insurance

Commercial medical insurance: Commercial medical insurance has a wide coverage. Generally, insurance companies will reimburse medical expenses within the scope of the contract. Most commercial medical insurances provide corresponding financial protection for the medical expenses of the new coronavirus. In addition, many medical insurance products for the new coronavirus have opened green claims channels, simplified the claims process, and can enjoy emergency medical advance payment services, including Chaoyuebao long-term medical insurance and the exclusive e-life 2019 medical insurance.

Critical illness insurance: Critical illness insurance stipulates that compensation will be paid only if the insured suffers from a specific critical illness specified in the contract, such as nausea, vomiting tumors, sequelae of cerebral stroke, etc., and meets the critical illness status stipulated in the insurance terms. The new coronavirus does not fall within the scope of critical illness insurance, so it will not be compensated. However, there are two possibilities that can also be compensated:

The first is that when a COVID-19 patient receives medical treatment and develops complications specified in the critical illness insurance contract, such as respiratory failure, moderate or deep coma, the critical illness insurance will pay compensation if the compensation criteria are met;

The second is that the critical illness insurance purchased is accompanied by a death clause. If the insured dies due to ineffective treatment, the critical illness insurance will pay compensation. Darwin II Critical Illness Insurance has corresponding compensation plans for death and complications, and cancels the waiting period requirement.

Accident insurance: The conditions for compensation for accident insurance are that the insured is disabled or dead due to accidental injury, and the insurance company provides the insured with corresponding protection according to the contract. The new coronavirus is a disease rather than an accident, so accident insurance is generally not compensated.

In response to the new coronavirus, commercial medical insurance, critical illness insurance and accident insurance can all play a role. Some insurance products can provide special protection to make you feel more at ease during special times. Therefore, you can make reasonable plans based on your needs to protect your healthy life. In addition, at this special moment, it is recommended that people reduce going out, take isolation and protection measures, and overcome the difficulties together.