The policy covers you against hospitalization expenses incurred for treatment of Covid-19 on getting positive diagnosis from a government-authorized diagnostic centre.
It covers AYUSH treatment expenses including Ayurveda, Unani, Siddha, or Homeopathy based treatments for COVID-19 treatment.
The policy can offer choices of tenure, of 3 ½ months, 6 ½ months, or 9 ½ months, which is 105 days, 195 days, and 285 days respectively.
The Corona Kavach Policy offers a relatively short waiting period, of 15 days, for the insured individual to be able to avail of coverage for COVID-19 treatment under it.
Corona Kavach Policy is designed to offers financial support to the insured in case he/she is diagnosed COVID-19 positive. It has with a short waiting period, and provides coverage for in-patient hospitalisation (IPD) expenses, pre-hospitalisation and post-hospitalisation expenses, ambulance expenses, etc. as per the recommendations of the Insurance Regulatory and Development Authority of India (IRDAI).
Corona Kavach Policy is an affordable health insurance policy designed to offer financial protection against medical expenses arising due to pandemic declared coronavirus (COVID-19). Launched by the IRDAI on 12th July, 2020, the policy is offered by both general and health insurance companies. It is a short-term indemnity-based policy that protects both individuals and families. Besides hospitalisation costs, this policy also cover the insured for homecare, pre-hospitalisation, and post-hospitalisation expenses, Ayush, etc. The policy promises a wide coverage and quality medical treatment to the insured. A Covid Kavach Insurance covers the policyholder for any comorbid medical conditions due to coronavirus during the hospitalization period
Corona Kavach Policy for COVID-19 comes with specific features and benefits which are mentioned below:
Corona Kavach policy is being offered by all General & Standalone health insurance companies in India. The premium payable varies based on the sum insured and the number of member insured. Below listed is Corona Kavach Premium Chart of some leading insurer:
Corona Kavach Health Insurers | Members Covered | Sum Insured (in Rs) | Age Criteria ( in year) | Premium (Rs) |
---|---|---|---|---|
Aditya Birla Corona Kavach Policy | Individual/Family Floater | Rs 50,000- Rs 5 lakh | 18-65 years | N/A |
Bajaj Allianz Corona Kavach Policy | Individual/Family Floater | Rs 50,000- Rs 5 lakh | 18-65 years | Rs 745-Rs 3378 |
Bharti AXA Corona Kavach Policy | Individual/Family Floater | Rs 50,000- Rs 5 lakh | 18-65 years | N/A |
Care Corona Kavach Policy | Individual/Family Floater | Rs 50,000- Rs 5 lakh | Proposer-18 years & above Individual- 5 years | N/A |
List of inclusions that come under Corona Kavach Policy are:
Although the Corona Kavach Policy provides comprehensive coverage to the insured, yet there are certain things which are excluded.
Key exclusions under the Corona Kavach policy are as follows:
Document checklist you need to remember when buying Corona Kavach Policy are:
Buying Corona Kavach Policy online is quite easy. Here are the steps of buying this policy from SecureNow:
The claim process of the Corona Kavach Policy is same as any other health insurance policy. Policyholder can be claimed either for cashless or for reimbursement benefits. The steps involving the claim process are mentioned below:
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