Akshaya launches COVID-19 medical insurance scheme

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Real estate developer Akshaya on August 6 launched a comprehensive medical insurance scheme that also covers COVID-19 for its new customers. It is a first-of-its kind initiative by a real estate developer, said a press release issued by the company.  

The scheme will be valid for a period of three years for which Akshaya will pay the premium amount for all the three years upfront. It will cover a family of four, including two adults (homebuyer + spouse) and up to two children. The total cover will be divided in three slabs of Rs 10 lakh, Rs 15 lakh and Rs 20 lakh as per the project choice of the homebuyer. 

The insurance scheme will be applicable for all customers who purchase a home from the company’s ongoing projects in the month of August 2020. 

Speaking about the initiative, T. Chitty Babu, Chairman & CEO, Akshaya Pvt Ltd, said, “Through our insurance scheme, we want to ensure that our customers and their families are fully insured and covered during these difficult times. We wish to provide a safe and healthy living environment for the homebuyers with complete peace of mind.”