Care Insurance Health Insurance offers Corona Kavach Policy to all consumers who are concerned about COVID-19 and its high-cost treatment. It is an affordably priced coronavirus insurance that is available for you and your family in the event of a national pandemic. The Corona Kavach Policy gives you comprehensive protection and pays for your hospital expenses so you may concentrate on recovering rather than the hospital bills. Keep reading to find out more about the policy.
Corona Kavach Policy, one of the many health insurance policies by Care Insurance covers your basic healthcare expenses associated with COVID-19 treatment. Provided by Care Insurance General Insurance, Corona Kavach is a standard health insurance policy that covers the policyholder for costs associated with COVID-19 treatment.
The covid-specific coverage covers adults between the ages of 18 and 65 and is available on an individual and a family floater basis. You can select from a range of sum insured options when purchasing coverage under the policy, with prices ranging from INR 50,000 to INR 5,00,000. It has simple and straightforward policy terms and is an indemnity-based policy.
Policy Tenure: 9½ months
Type of Policy: Indemnity-based policy that is available on Family Floater Basis & Individual Basis
Waiting period: 15 days
Pre-policy Medical Check-Up: Not required
Co-Payment: Not applicable
Pre & Post-Hospitalisation: Pre-hospitalisation: 15 days & Post-hospitalisation: 30 days
Sum Insured: INR 50,000 to INR 5,00,000
Age Eligibility of Proposer: 18 years - 65 years
Entry Age: Individual: 5 years, Floater: 1-day old child accompanied by at least 1 member of the family aged 18 years or above
AYUSH Treatment: Covered up till the specified limit
As with all other policies, there are certain eligibility criteria that have to be fulfilled in order to be eligible for Care Insurance Corona Kavach Policy. The criteria are mentioned below:
If you are the proposer, you should be aged between 18 years to 65 years. The minimum entry age of the policy is 5 years if you apply for an individual policy. Else, under floater policy type, it is available for 1-day-old children. Kindly note that if you’re aged 70 years or older, you can still buy the policy for your family members without covering yourself.
Under the floater policy, you can include yourself, your spouse, dependent children, parents, and parents-in-law.
It is essential to understand the features and advantages that the Care Insurance Corona Kavach Policy will provide you with. Let’s understand them:
In-Patient Hospitalisation: This plan covers the costs of in-patient hospitalisation for the treatment of COVID-19. Additionally, it covers the fees for doctors, surgeons, anesthetists, and intensive care units apart from covering room rent, nursing expenditures, and boarding. Charges for diagnostics, oxygen, and ventilator are also covered up to the sum insured.
Home Care Treatment: Under the coronavirus health policy, you may choose home care therapy for a maximum of 14 days per incident if it is recommended by the physician. Along with medicines, consultation fees, and nursing costs, it also covers diagnostic tests completed at home or in a diagnostic facility that has been approved.
Cashless Treatment: At 8350+ network hospitals of Care Insurance Health Insurance spread across numerous cities, you can receive cashless treatment for COVID-19. You do not have to pay for your hospital stay and medical care out of pocket. The insurance company pay your hospital bill, subject to the terms and conditions of your insurance. You must, however, select the network hospitals that have been approved for corona treatment.
Hospital Daily Cash: It is an optional cover offered by the COVID health insurance. Under this add-on, subject to the terms and conditions of the insurance, you can get 0.5% of the Sum Insured every day for a total of 24 hours of hospitalisation for COVID-19 treatment.
Sum Insured Option: You can prepare financially with Corona Kavach to handle any medical emergency during the coronavirus epidemic without worrying about money. With a 5 lakh rupee sum insured, you can purchase this COVID insurance online.
Minimal Waiting Period: The waiting time for Corona health insurance is only 15 days once the policy is issued.
Can be Purchased Online: Corona Kavach Policy by Care Insurance can be instantly purchased online. All you have to do is go to the RHI website, fill out your details, select your plan, pay the amount, and get covered.
It's essential that you understand that each health insurance plan includes a list of exclusions. Exclusions are the circumstances in which medical expenses are not reimbursed. Some of the usual exclusions are listed below:
Illness after traveling to any countries that are prohibited
Treatment/Diagnosis received outside of India
Diagnosis performed at unlicensed testing facilities
Costs incurred on Day Care & OPD Treatment
Purchases of dietary supplements and drugs made without a prescription
Costs of Unproven Treatments with Minimal or No Medical Records
COVID claims where the diagnosis occurred prior to the insurance commencement date
Rehab, Rest Treatment, and Respite Care
The pandemic has opened our eyes to new realities. Having a policy that addresses this pandemic is essential given the extremities in coronavirus cases we have come across in India. To protect yourself from the deadly illness, Corona Kavach policy offers you conventional health insurance coverage. Providing assistance to patients with low incomes, the policy pays for hospitalisation and treatment costs. It serves as protection for the front-line corona warriors as well as normal citizens. Therefore, invest in the Care Corona Kavach policy, one of the Care Insurance Health Insurance Plans, to stay secure and protected.
Yes, under Section 80D of the Income Tax Act, you can avail of tax benefits on the payment of the premium amount for the Care Insurance Corona Kavach Policy.
Generally, no pre-policy tests are mandated by the insurance company, however, depending on health history, if any test is required, the insurer will inform you.
65 years is the maximum age to purchase this policy for yourself.
