Corona Rakshak Policy is a standard benefit based single-premium health insurance plan. You will get 100% sum insured in lump-sum if you are tested COVID-19 and require hospitalization of 72 hours or more. You can buy the policy online for a sum insured of up to Rs 2.5 lakh, and avail the best possible COVID-19 treatment.
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
Who would you like to insure?
Features | Specifications |
Coverage | Rs 50,000- Rs 2.5 lakh |
Sum Insured | 100% Lumpsum payment |
Consumable Items | PPE Kits, masks, gloves, etc. covered |
Tenure | 3.5, 6.5, & 9.5 months |
Premium | Rs 700 onwards |
Waiting Period | 15 days |
Age Criteria | 18-65 years |
The policy was launched by the Insurance Regulatory and Development Authority of India (IRDAI) to ensure that you and your loved ones have COVID insurance cover and can seek treatment without worrying about the expenses. While Corona Kavach Policy also provides a sum insured up to Rs 5 lakh and covers the cost of consumable items like PPE kits, masks, gloves, etc.
The premium for Corona Rakshak policy may vary from one insure to another, however the features of the policy are standard across the industry. Check out the policy premium chart table as given below:
Estimated Corona Rakshak Policy Premium |
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Policy Term- 3.5 months | Policy Term- 6.5 months | Policy Term- 9.5 months | |||
Sum Insured ( Rs) | Estimated Premium ( Rs) | Sum Insured ( Rs) | Estimated Premium ( Rs) | Sum Insured ( Rs) | Estimated Premium ( Rs) |
50,000 | 700 onwards | 50,000 | 900 onwards | 50,000 | 1,000 onwards |
1 Lakh | 1500 onwards | 1 Lakh | 1800 onwards | 1 Lakh | 2,000 onwards |
1.5 Lakh | 2300 onwards | 1.5 Lakh | 2700 onwards | 1.5 Lakh | 3,100 onwards |
2 Lakh | 3000 onwards | 2 Lakh | 3600 onwards | 2 Lakh | 4,100 onwards |
2.5 Lakh | 3800 Onwards | 2.5 Lakh | 4600 onwards | 2.5 Lakh | 5,100 onwards |
(The above table is for reference purpose only, please check policy wordings for premium before making the purchase)
Corona Rakshak health insurance is designed with a specific set of features to ensure that everyone can buy this policy in a hassle-free manner. The features and coverage benefits under Corona Rakshak policy shall remain the same across all the insurers. Some of the unique features of this policy are given below:
Corona Rakshak is being offered by all General & Standalone health insurance companies in India. Below is the mentioned Corona Rakshak Premium Chart:
Corona Rakshak Health Insurers |
Coverage Type |
Product Type |
Payment |
Sum Insured (in Rs) |
Age Criteria ( in year) |
Premium (Rs) |
Aditya Birla Corona Rakshak Policy |
Individual |
Benefit Based |
Lumpsum |
Rs 50,000- Rs 2.5 lakh |
18-65 years |
N/A |
Bajaj Allianz Corona Rakshak Policy |
Individual |
Benefit Based |
Lumpsum |
Rs 50,000- Rs 2.5 lakh |
18-65 years |
Rs 157-Rs 4273 |
Bharti AXA Corona Rakshak Policy |
Individual |
Benefit Based |
Lumpsum |
Rs 50,000- Rs 2.5 lakh |
18-65 years |
N/A |
Chola MS Corona Rakshak Policy |
Individual |
Benefit Based |
Lumpsum |
Rs 50,000- Rs 2.5 lakh |
18-65 years |
N/A |
Digit Corona Rakshak Policy |
Individual |
Benefit Based |
Lumpsum |
Rs 50,000- Rs 2.5 lakh |
18-65 years |
Rs 700- Rs 1500 |
Edelweiss Corona Rakshak Policy |
Individual |
Benefit Based |
Lumpsum |
Rs 50,000- Rs 2.5 lakh |
18-65 years |
Rs 102- Rs 1338 |
Future Generali Corona Rakshak Policy |
Individual |
Benefit Based |
Lumpsum |
Rs 50,000- Rs 2.5 lakh |
18-65 years |
Rs 244-Rs 2189 |
IFFCO Tokio Corona Rakshak Policy |
Individual |
Benefit Based |
Lumpsum |
Rs 50,000- Rs 2.5 lakh |
18-65 years |
Rs 157 -Rs 4273 |
Kotak Corona Rakshak Policy |
Individual |
Benefit Based |
Lumpsum |
Rs 50,000- Rs 2.5 lakh |
18-65 years |
N/A |
Liberty Corona Rakshak Policy |
Individual |
Benefit Based |
Lumpsum |
Rs 50,000- Rs 2.5 lakh |
18-65 years |
N/A |
Niva Bupa (Formerly known as Max Bupa) Corona Rakshak Policy |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
Manipal Cigna Corona Rakshak Policy |
Individual |
Benefit Based |
Lumpsum |
Rs 50,000- Rs 2.5 lakh |
18-65 years |
Rs 412- Rs 6529 |
New India Assurance Corona Rakshak Policy |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
Oriental Corona Rakshak Policy |
Individual |
Benefit Based |
Lumpsum |
Rs 50,000- Rs 2.5 lakh |
18-65 years |
N/A |
Raheja QBE Corona Rakshak Policy |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
Reliance Corona Rakshak Policy |
Individual |
Benefit Based |
Lumpsum |
Rs 50,000- Rs 2.5 lakh |
18-65 years |
N/A |
Star Corona Rakshak Policy |
Individual |
Benefit Based |
Lumpsum |
Rs 50,000- Rs 2.5 lakh |
18-65 years |
Rs 769- Rs 5192 |
SBI Corona Rakshak Policy |
Individual |
Benefit Based |
Lumpsum |
Rs 50,000- Rs 2.5 lakh |
18-65 years |
Rs 445- Rs 7102 |
Tata AIG Corona Rakshak Policy |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
United India Corona Rakshak Policy |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
Universal Sompo Corona Rakshak Policy |
Individual |
Benefit Based |
Lumpsum |
Rs 50,000- Rs 2.5 lakh |
18-65 years |
N/A |
(Disclaimer-Policybazaar does not endorse any product or insurer)
Note- The premium varies based on the sum insured and the number of member insured)
Corona Rakshak health insurance plan comes loaded with COVID-19 specific coverage benefits. Below are some of the unique benefits that the insured can avail with this policy:
Inclusions of Corona Rakshak Policy are specific to Coronavirus treatment. Once the policyholder is diagnosed as COVID-19 positive from a government registered diagnostic Centre, he/she will get a lump sum payment during the policy term from the health insurance company. Check-out below the inclusions offered under the Corona Rakshak policy:
There are certain exclusions that apply to claims filed under Corona Rakshak Policy. The insurer is not liable to pay under the following circumstances:
It is imperative to buy Corona Rakshak Policy as there is no specific vaccine or treatment available for COVID-19 yet. Coronavirus infected patients are been treated in hospitals and the treatment expense are quite high. And if you have a comprehensive health insurance policy you can save yourself from the unforeseen financial burden.
If you do not have health insurance cover you can buy a Corona Rakshak Policy that will cover the treatment costs for this deadly virus. The insurance benefits start soon after the diagnosis once a waiting period of 15 days is completed. And if you get hospitalized for a minimum 72 hours or more the insurance will pay you in a lump sum and you can use that money to meet the hospitalization cost.
The insurer may cancel Corona Rakshak policy in case of any misrepresentation, fraudulent act by the insured person, non-disclosure of information, by giving a 7days notice. And if there is any misrepresentation of the information then the premium is not refunded by the health insurance provider.