COVID-19 insurance??

Anyone bothered to get extra insurance against 'rona?

I have free statutory health insurance in my country that pays me 70% of my salary in case I get sick, on top of that our bank got us extra insurance against COVID, which is a one-time payment of 70% of the monthly paycheck.

I am thinking about paying an extra dime to extend the insurance to get paid at least 200% of the monthly paycheck in case I get sick. Should I do that?

P.S. Healthcare is free in my country, I just want to get compensated for the loss of salary and possible loss of study time since I am also doing postgrad.

Comments (2)

 
Jun 22, 2020 - 5:32am

Sounds like a good idea to safe just in case of a case of Covid-19. Also, is the insurance expensive where you live? There are rumors going around that they might be a possible vaccine by the end of year, take it with a grain of salt. How much is the deductible before full coverage? On the flip side, there might be a second wave so you have to keep that in mind.

"It's okay, I'll see you on the other side"
 
Jun 22, 2020 - 7:12am
MM IB/Retail brokerage - Sell-side ER Generalist and Capital Markets IB (ECM, DCM), Eastern Europe and Central Asia region
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