Kathmandu: An insurance product that provides protection against the allergy of Covid19 vaccination, is gaining popularity in Thailand. According to the local media, demand for such insurance product has grown significantly as a result of recent massive vaccination drive.
The insurance provides compensation in case of allergies to the insured who has received Covid19 vaccine. Tune Insurance Limited has been providing insurance services through online and mobile app VSure, which offers a compensation up to 1 million Bhat(THB) at a cost of 100 THB (Thai national currency) for a period of one year.
The insurance provides compensation of 100,000 THB in case of needing inpatient treatment (IPD) from vaccine side-effect after receiving vaccine and COVID infection, 1,000 THB per day of compensation is provided in case of needing inpatient treatment (IPD) from vaccine side-effect or COVID infection after receiving vaccine and 5,000 THB in case the diagnosis of COVID-19 is made and the result is positive.