Coronavirus (COVID-19) Insurance
Current status: this material describes specialized products from the pandemic period. Whether such cover is available today must be confirmed with a specific licensed insurer before a contract is signed.

Insurance against infection with the coronavirus can only be purchased by prior arrangement. Unfortunately, insurance against COVID-19 was an extremely difficult matter while the pandemic was declared. This type of insurance was prompted by the situation that arose, but many people want to take out coronavirus cover on a regular basis, as it helps to restore income lost during the illness.

Object of insurance

The object of insurance is the property interests of the Insured associated with the diagnosis of the Disease. The Disease is the COVID-19 coronavirus infection caused by the SARS-CoV-2 strain of coronavirus.

Insured

An individual, a RESIDENT OF THE REPUBLIC OF KAZAKHSTAN, named in the contract or in Appendix No. 1 if there is more than one insured person.

Beneficiary

A legally capable individual named in the contract or in Appendix No. 1 if there is more than one beneficiary. Under the terms of this programme, the Beneficiary is the Insured.

What is not covered and does not constitute an insured event

  • The diagnosis of any other disease of the Insured is not an insured event;
  • Injuries sustained by the Insured are not an insured event;
  • Diagnosis of the Disease before this Contract was concluded, or diagnosis of the SARS-CoV-2 coronavirus strain in the Insured before this Contract was concluded, is not an insured event.
  • Without confirmation (a conclusion) from a healthcare organization and/or its structural unit that performs laboratory diagnostics and forms part of the public healthcare system of the Republic of Kazakhstan, establishing the presence of the SARS-CoV-2 coronavirus strain in the Insured's body, the insured event is deemed not to have occurred and, accordingly, the Insurer makes no insurance payment.

Insurance term

12 months

Territory of insurance

Worldwide

The contract terminates in the following cases

  • the Insurer has fulfilled its obligations to the Policyholder (the insured) under the Contract in full;
  • the term of the Contract expires;
  • the Insurer is liquidated in the manner established by the legislation of the Republic of Kazakhstan;
  • a court rules the Contract invalid;
  • an insurance payment is made for the first insured event that occurs;
  • in other cases established by the legislation of the Republic of Kazakhstan.

The object of insurance is the property interests of the Insured associated with the diagnosis of the Disease.

The Disease is the COVID-19 coronavirus infection caused by the SARS-CoV-2 strain of coronavirus.

What to keep in mind today

Specialized COVID-19 insurance programmes became widespread during the pandemic, but their availability, insured risks and terms may have changed. An old description cannot be taken as confirmation that the product is still sold on the same terms.

  • check whether the programme is available to new customers;
  • review the definition of the insured event and the way the diagnosis must be confirmed;
  • study the waiting periods, exclusions and age restrictions;
  • compare the size of the payout with the cost of the policy;
  • check the notification deadline and the list of medical documents.
Important: the insurance service is provided by an insurer holding a valid licence. The decision on whether an event is insured and on the payment is made on the basis of the contract, the rules and the documents submitted.

Before you sign

Request the current product rules and compare the cover carefully with ordinary health insurance, life insurance and accident insurance. These programmes serve different purposes and do not always include the same diseases or expenses.

This material is provided for information and archival reference purposes. It does not confirm that insurers offer the product on the current date.