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The worldwide outbreak of the Covid-19 pandemic came as a threat not only to health but also to careers and finance among many across the globe. A number of companies experienced shutdowns during this period, widely affecting the economy. On top of that, the affected people had to be hospitalised or underwent domiciliary treatments, which proved to be widely expensive. Therefore, the requirement for a comprehensive Covid health insurance plan resulted in the emergence of the Corona Rakshak Policy.
A standard Corona Rakshak Policy offers a fixed benefit to a maximum of INR 2.5 lakh/head if the insured individual is diagnosed Covid positive and gets hospitalised for a minimum of continuous 72 hours. This is a short-term supplementary plan that has been exclusively designed to take care of the expenses incurred due to Covid-19 hospitalisation. This plan is now offered by every health insurance company including these basic benefits and features. You can even enjoy the ease of purchasing it online anytime, anywhere.
In this article, we will highlight all the important features of the Corona Rakshak Policy offered by Star Health Insurance.
Some of the most highlighting features of Star Corona Rakshak Policy include the following:
When diagnosed Covid positive by any government-authorised centre, a 100% lump sum amount can be received
The minimum coverage amount is INR 50000 while the optimum sum assured can be no more than INR 2,50,000
This is an individual plan
The policy tenure ranges can be 3.5 months, 6.5 months, or 9.5 months
Star Corona Rakshak Policy comes with a host of benefits. Some of the most highlighting benefits are:
There are no such eligibility criteria for availing yourself of Star Corona Rakshak Health Insurance. The applicant must be aged between 18 years and not less than 65 years for starting this plan. Other than this age limit, there are no other eligibility criteria that need to be fulfilled here.
As mentioned earlier, in case of claim settlement of this plan, the insured person needs to be tested positive for Covid 19 by any registered hospital or health centre along with hospitalisation of a minimum of continuous 72 hours. For claim settlement, you need to submit all the relevant documents within 30 days of discharge from the concerned hospital, network or otherwise.
The list of documents that you need to submit for settling the claim during hospitalisation for Covid-19 are:
Under the current context, buying any insurance plan is not a big deal. Rather, it has become all the more simple with online mode. All you need is to follow certain few simple steps as mentioned below:
The factors that are not covered by Star Health Corona Rakshak Policy are: