TUESDAY, AUGUST 02, 2022
As temperatures soar to unprecedented levels from Europe to Asia this summer, some Japanese insurance companies have begun selling policies to protect people struck down by the heat wave
Sompo holdings Inc, and Sumitomo Life insurance Co, two of the country’s biggest insurers, are offering policies specifically designed to cover medical expenses arising from heatstroke.
Japan has not been spared by the brutal summer that’s hitting the northern hemisphere. The heat wave nation wide saw more than 14,000 people taken to hospital for emergency treatment in the week that ended July 3.
Sompo’s heatstroke plan released this month pays benefits for hospitalization, surgery and even death caused by sun or heat exposure.
The plan is the first of its kind in the industry in Japan. The cost is as little as 100 JPY for a day’s coverage.
If purchased before 9am, that day, the policy can take effect from 10am that day.
If you work outside or even indoor without an air conditioner, it might be a good idea to think about this. The coverage days can be only 60 days or something.
Koji Kitada Licensed real estate sales person