Corona Kavach Policy Star Health Insurance
A standard medical insurance product with common policy wordings across the health insurance.
Corona kavach policy star health insurance - The product that has recently been launched as per the irdai guidelines. Star health corona kavach policy offers an optional cover named hospital daily cash. In its statement the authority said in view of the covid 19 pandemic the authority has designed a.
As per the guidelines corona kavach policy corona rakshak policy need to be issued on or before 10 july 2020. For reimbursement of claim. I hereby declare on my behalf and on behalf of all persons proposed to be insured that the above statements.
Shahlip21066v012021 4 of 4 1. Corona kavach policy star health and allied insurance co ltd. It will override my registry on.
An initial waiting period of 15 days is applicable from the date of commencement of this policy. Star health insurance corona kavach policy. Corona kavach policy star health and allied insurance co.
Star health corona kavach policy is an indemnity health insurance policy that covers the cost of covid 19 treatment and requires a one time payment for the entire policy term. The product is designed to ensure. Prospectus wordings ª tax benefits.
This policy covered pre post hospitalisation as well as domiciliary expenses home care treatment expenses and ayush treatment incurred by the policyholder in case of an outbreak of coronavirus. I hereby authorize star health insurance to contact me. The regulator allowed 29 general and health insurance companies to market the policy.
A corona kavach policy is an indemnity health insurance policy that covers the hospitalisation medical expenses arising out of covid 19 treatment. Corona kavach policy star health and allied insurance co. Payments of premium by any mode other than cash for this insurance is eligible for relief under section 80d of the income tax act 1961.
The insurance regulatory and development authority of india irdai recently issued final guidelines containing the standard features of the covid 19 specific health insurance plan corona kavach. Policy wordings corona kavach policy star health and allied insurance co. Shahlip21066v012021 2 of 2 star health and allied insurance co.
On opting for this cover you can avail a cash benefit of 0 5 of the sum insured for every completed day of continuous hospitalisation subject to a maximum of 15 days. Product name description refer to policy clause number 6 claims a. Star health corona kavach policy is an indemnity based health insurance policy that helps people to overcome financial instability while they recover from covid 19.
Available on individual as well as floater basis the policy offers protection from hospitalisation expenses arising due to covid 19 procedures. Star health and allied insurance co.
