EVERYTHING YOU NEED TO KNOW ABOUT CORONA KAVACH POLICY
• AFTER MANY MONTHS OF LOCKDOWN, THE WORLD IS BEGINNING TO OPEN UP AGAIN. BUSINESSES ARE STARTING UP, PEOPLE ARE STARTING TO GO TO OFFICE AGAIN, AND THINGS ARE GOING BACK TO (THE NEW) NORMAL. WE ARE LEANING HOW TO LIVE WITH THE VIRUS WITH OUR MASKS, SANITIZERS, AND OTHER SAFETY PRECAUTIONS – THEY HAVE ESSENTIALS ARE THE COUNTRY UNLOCKS AMIDST THE CORONAVIRUS. HOWEVER, THERE IS ONE MOST ESSENTIAL WE SHOULD ALL HAVE – HEALTH INSURANCE THAT COVERS COVID19. THIS IS WHERE THE CORONA KAVACH POLICY COMES INTO THE PICTURE.
• THIS IS SPECIALIZED COVID-19 HEALTH INSURANCE POLICY INTRODUCED BY THE IRDAI TO HELP INDIVIDUALS IN INDIA GET AFFORDABLE AND COMPREHENSIVE COVERAGE AGAINST THE COST OF HOSPITALIZATION DUE TO THE CORONAVIRUS. CONSIDERING THAT THESE PLANS ARE NEW AND NOT EVERYONE IS AWARE ABOUT THEM, THE FOLLOWING ARTICLE WILL COVER SOME OF THE NEED TO KNOW ASPECT ABOUT THIS POLICY. READ ON! 1. WHAT IS THE CORONA KAVACH POLICY? THE CORONA KAVACH POLICY IS AN INDEMNITY PLAN THAT COVERS EXPENSES ARISING OUT OF COVID-19 HOSPITALIZATION. THE PLANS ALSO COVER PRE AND POST HOSPITALISATION EXPENSES, HOME CARE TREATMENT, AYUSH TREATMENT, AMBULANCE COVER AND THE TREATMENT OF CO-MORBITIES DURING THE TREATMENT FOR COVID19.
• 2. WHAT ARE THE EXCLUSIONS OF CORONA KAVACH POLICY? CORONA KAVACH POLICY WILL NOT COVER DIAGNOSTIC EXPENSES THAT ARE NOT RELATED TO CURRENT DIAGNOSIS/HOSPITALISATION. THE PLAN ALSO EXCLUDES THE COST OF DIETARY SUPPLEMENTS, ANY UNPROVEN TREATMENTS AND VACCINATION EXPENSES. LASTLY, THE PLAN DOES NOT PROVIDE COVER IN CASE OF DIAGNOSIS OUTSIDE INDIA. • 3. DOES THE CORONA KAVACH POLICY HAVE ANY WAITING PERIOD? YES, JUST LIKE ALL OTHER HEALTH INSURANCE PLANS, THE CORONA KAVACH POLICY ALSO HAS A WAITING PERIOD. HOWEVER, UNLIKE ALL OTHER PLANS, THE CORONA KAVACH PLAN HAS A WAITING PERIOD OF JUST 15 DAYS. THIS WAITING PERIOD BEGINS FROM THE DATE OF INCEPTION OF YOUR POLICY.
• 4. WHAT IS THE SUM INSURED OF THE CORONA KAVACH POLICY? • THIS IS PROBABLY THE MOST IMPORTANT THING WHAT YOU WOULD WANT TO KNOW. THE CORONA KAVACH POLICY OFFER SUM INSURED RANGING FROM RS. 50,000 TO RS. 5,00,000. THIS IS SHOULD BE MORE THAN ENOUGH FOR COVID-19 MEDICAL EXPENSES.
• 5. WHAT IS THE POLICY TENURE? • THE CORONA KAVACH POLICY IS A SHORT-TERM HEALTH INSURANCE POLICY. UNLIKE NORMAL MEDICAL INSURANCE PLANS, THIS POLICY OFFERS TENURES RANGING FROM 3.5, 6.5 AND 9.5 MONTHS. THE PLAN NEEDS TO BE RENEWED AFTER THIS TENURE TO ENJOY CONTINUED PROTECTION AGAINST COVID-19.
6. The cost? This is one of the biggest and most common questions amongst consumers about the Corona Kavach Policy. However, there is no straightforward answer to this – the premium differs from insurance provider to the next. Not only that, it also depends on the sum insured you choose, the tenure you opt for, etc. However, having said that, the Corona Kavach policy is extremely affordable. The Corona Kavach policy is a great way to safeguard against the expenses of COVID-19. It is an essential for the new normal, just like your masks, sanitizers, gloves, etc. Hope this has been helpful. Stay home and stay safe!
For More Details On
HEALTH INsURANCE Or You Can Visit https://www.naviinsurance.com/health-insurance/
THANK YOU