Corona Rakshak Policy

With the threat of Covid 19 still at large, getting secured has become the most crucial priority. To make this possible, there are specialized health insurance plans curated to provide financial assistance upon Covid 19 diagnosis. The Corona Rakshak policy is among these specialized plans. It is a standard benefit-based, single premium health insurance plan. After you purchase this plan, you will receive 100% sum assured in lump sum if your diagnosis is positive and are in need of hospitalization for 72 hours or more. You can get the Corona Rakshak policy online on Coverfox, so you can get protection in your time of need.

The features of the Corona Rakshak policy are designed in a way to ensure everyone can buy it in a hassle-free manner. All the features and coverage benefits listed in this Covid 19 health insurance plan will be the same across all insurance providers. Some of the features include:

• The cover you get from the Corona Rakshak policy ranges between Rs. 50,000 and 2.5 lakhs
• Upon your Covid 19 positive diagnosis, you will get 100% sum insured in a lump sum amount
• It is not necessary to get pre-medical screening before buying this policy
• The waiting period for this plan is minimal - 15 days
• The cover provided is on an individual basis
• Corona Rakshak policy premium amount is eligible for tax exemption under Section 80D
• There are no deductibles in this plan

With the threat of Covid 19 still at large, now more than ever it is crucial for you to surround yourself with security provided by experts. And that is exactly what you will find at Coverfox. Our team of insurance experts make use of customized algorithms to find you a health insurance policy that meets all your requirements. Some of the other reasons why you should trust Coverfox with your coronavirus policy needs include:

Intuitive Insurance Algorithms

Our algorithms find and rank plans that best suit your individual needs.

• Algorithms that match plans to your specific needs
• Tie-ups with 40+ insurance companies
• Get a pre-negotiated highest discount

Our Team Of Insurance Experts

An experienced team of insurance experts are always available for your assistance. The My Account feature gives you full control of your policy. You can:

• Request a change in policy
• File a claim
• Instant Health Insurance Renewal of your policy

Claim Settlement Support

We provide end-to-end support for claims. Right from filing health insurance claims to the final claim settlement. We’re also India's first Free Nominee Assistance program to help term insurance customers.

Since this novel disease is growing more and more widespread by the day, it is more important than ever to secure their safety. That is why you should get the Corona Rakshak policy at the earliest, so you can be financially protected during a critical moment due to COVID 19. With this type of Covid 19 insurance, you can:

Save Money

Medical treatments and hospitalization charges can run very high, and many times, people have to drain their savings to pay for it. COVID 19 has proven to be deadly for people of all ages, making it necessary to prepare for the eventuality of hospitalization. That is why the Corona Rakshak policy is a great addition to your portfolio. The lump sum payout under this policy can protect your savings and prevent you from having to liquidate your assets to prioritize your health.

Get More Comprehensive Coverage

Even with a standard health insurance policy, there are limitations to what it will cover. That is why you need to get the additional security that the Corona Rakshak policy provides. You get a lump sum payout in this plan that can help you fill any gaps in your existing health insurance plan. In case you don’t have an existing health insurance policy, then the Corona Rakshak Health Insurance Policy is extremely crucial.

Some of the unique benefits you get by purchasing a Corona Rakshak Policy include the following:

• Eligibility Criteria All individuals between the ages of 18 to 65 years are eligible to purchase this type of health insurance plan.
• Lump Sum Payment One of the main benefits of getting the Corona Rakshak policy is that you will get the lump sum amount no matter what the actual hospitalization expenses are.
• Standard Benefits Across All Companies As this plan is charted out by IRDIA, all the companies offering this plan have the same standard benefits.
• Minimal Waiting Period Unlike most health insurance plans, the Corona Rakshak policy has a waiting period of just 15 days.
• Flexible Policy Term The Corona Kavach Policy has a flexible policy term of 3.5 months, 6.5 months and 9.5 months.

The Corona Rakshak policy has a number of inclusions for the policyholder. These include:

• Sum Insured - Ranges between Rs. 50,000 to Rs. 2.5 lakh
• Hospitalization Costs - Includes expenses arising from nursing charges, room rent, masks, PPE kits, gloves, ventilator charges, oxygen and diagnostic tests.
• Cover For ICU - Costs of ICU or ICCU are covered in this Covid 19 insurance plan
• Ambulance Costs - Ambulance charges to and from the hospital are covered up to Rs. 2,000
• Home Treatment - Home treatment prescribed by a recognized medical professional is covered up to 14 days
• AYUSH Treatment - Corona Rakshak policy also covers AYUSH treatment that is prescribed for Covid 19
• Pre And Post Hospitalization Expenses - This policy gives you cover for medical expenses that happen 15 days before and 30 days after your hospitalization

The Corona Rakshak policy also has some certain exclusions. Your claim can get rejected on the following grounds:

• If your diagnostic report is from an unauthorized testing centre
• If you have carried out diagnostic tests or treatment overseas
• If your travel history is traced back to a restricted country
• If your diagnosis is unrelated to Covid 19

Another point to be noted with this covid health insurance plan is that renewals and migration is not possible.

With the number of affected individuals growing higher by the day, securing the health of you and your family should be the top priority. Treatment and hospitalization costs can run extremely high, and it is worse when coupled with a stressful situation. That is why getting a comprehensive health insurance policy specially curated for the fight against covid 19 is very advisable, so you don’t have to deal with the financial burden that can come in this circumstance.

Buying the Corona Rakshak policy is a good idea, since it will cover the costs of the treatment, pre and post hospitalization costs, and has a minimal notice period of 15 days.

At present, there are two plans curated to combat the threat of Covid 19 - Corona Rakshak Policy and Corona Kavach Policy. While they are both two short-term health insurance plans, there are certain differences between them. These are:

• Sum Insured In the Corona Rakshak policy, the Sum Insured received ranges between Rs 50,000 to Rs 2.5 lakhs. But in the Corona Kavach policy, the Sum Insured received ranges between Rs 50,000 to Rs 5 lakhs.
• Coverage You can only get an individual plan in the Corona Rakshak Policy. If you want to get a family floater plan, you need to choose the Corona Kavach Policy.
• Plan type Corona Rakshak is a benefit-based plan. This policy provides 100% payout of the sum insured to the insured individual, if hospitalized for over 72 hours due to COVID-19. On the other hand, the Corona Kavach policy is an indemnity-based health insurance plan that covers the cost of hospitalization due to COVID 19.

Buying covid 19 health insurance can be hassle-free if you approach the right channel. Having said this, Coverfox.com provides your choice in tech-enabled platforms like our website and our Coverfox App. Here you can compare all available plans from over 40 insurance providers and determine which corona kavach policy is best for your needs. You also have the advantage of getting expert advice, along with an informed, unbiased opinion that will clear all your doubts and help you buy the perfect plan. Moreover, enjoy the attention of a service manager who will assist you with all your post-sale requirements- from claims processing to renewals!

Now buy covid 19 insurance online in no time from Coverfox. To get started, here are the steps to buy a corona kavach policy:

Step 1: Visit the health insurance website page and download the Coverfox App.
Step 2: First select gender (Male/Female) and enter your full name
Step 3: Feed in your correct phone number, and then click on view plans and select your age
Step 4: Now click on continue and enter your city where you are living in along with the pin code
Step 5: Select Yes or No if you take any medications
Step 5: Choose the best corona rakshak policy from the options that are displayed.
Step 6: Now select and compare the different coronavirus health insurance plans on Coverfox. You can also choose the personalized plans options
Step 8: Once you select the plan, you can pay the premium or speak to our customer care representative to take you through different options
Step 9: Do make an informed decision and pay the premium. Once all the steps are done, the policy will be emailed on your registered email-id

As buying a health insurance policy during a pandemic can be challenging, there are a few tips you must consider before you start your purchase process. These are:

• Choose The Right Sum Insured You need to ensure that the Sum Insured you opt for will provide sufficient coverage for all your needs. That is why while buying the Corona Rakshak policy, you should consider factors like the costs of treatment in your city and inflation.
• Ensure Affordability While you should not opt for the cheapest premium amount, you should ensure that yourCorona Rakshak policy premium is at an affordable rate. It is crucial that your covid 19 insurance gives you adequate coverage at a rate that is reasonable for you.
• Choose The Right Tenure While the Corona Rakshak Health Insurance Policy is a short-term plan, it still offers a flexible policy tenure. That is why you should choose wisely and get a tenure that promises protection for a longer time at an affordable premium rate.

You can cancel your Corona Rakshak policy on the basis of it not meeting specific requirements or if you don’t find it satisfactory in terms of coverage. But it needs to be done in 15 days after purchase of your coronavirus insurance policy. Your premiums will be adjusted as per the prevailing norms of the IRDAI.

On the other hand, the insurance provider can cancel your policy at any time if it is being done on the basis of misleading information, false medical history, fraud, claiming the policy through falsified documentation and others. In this case, there will be no refund provided to you.