Minister for Economy, Aiyaz Sayed-Khaiyum says social welfare recipients eligible for term life and funeral benefits must be fully vaccinated by 1st November 2021.
While announcing the National Budget, Sayed-Khaiyum says the Government is subsidising micro-insurance coverage for all social welfare recipients through the Government Micro Insurance Program at a cost of $5.6 million per year.
He says this insurance policy pays out in the event of death, house fires and sickness and vaccination is a requirement of insurance companies, given the severe risks of death due to COVID-19.
