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 that has recently been launched as per the IRDAI guidelines. There is no fixed medicine to cure coronavirus and lakhs of people are unable to avail medical treatment without insurance. Therefore, IRDAI has launched the Corona Kavach insurance policy to cover those who are not covered under any kind of medical insurance. All the general and health insurers can launch this policy, and Star health and allied insurance is one of them.
Star health insurance is offering Corona Kavach Policy with the standard benefits and features that the policy offers:
The age criterion to buy Star Health Corona Kavach Policy is given below:
Star Corona Kavach Policy is a coronavirus health insurance policy that includes the cost incurred on COVID-19 hospitalization treatment. The inclusions of this policy are given below:
Upon being diagnosed as COVID-19 positive by a government-authorized Centre, if the treatment is suggested at home, it will be covered for a maximum of 14 per incident provided:
The policy covers medical expenses incurred for inpatient COVID care treatment on positive diagnosis as per test results in a government authorized diagnostic centre. It also covers co-morbidity treatment along with the Coronavirus treatment up to the sum insured
Hospital Daily Cash Benefit: Star health insurance will pay an additional cash benefit of 0.5% of the coverage amount for each completed day of hospitalization subjected to a maximum of 15 days per policy term
Star Health Corona Kavach Policy has certain limitations and they are listed below:
The policy premium is based on the age of the applicant, the policy term chosen, and the amount of sum insured that you opt for. Checkout the below table to have an idea about how much Star Health Corona Kavach Policy is going to cost.
Check-out the premium table for Base cover including tax:
|Star Corona Kavach Policy Premium Table (including tax)|
|Policy Term||3.5 months||6.5 months||9.5 months|
|Sum Insured (Rs.)||0-45 years||46-65 years||Above 65 years||0-45 years||46-65 years||Above 65 years||0-45 years||46-65 years||Above 65 years|
(Source: Star Health and Allied Insurance)
Ans: Yes, this policy has been specifically designed coronavirus treatment up to Rs 5 Lakh.
Ans: The coverage amount starts from a minimum of Rs 50,000 and up to a maximum of Rs 5 Lakh.
Ans: Yes, Star Health Corona Kavach Policy covers home treatments if advised by the treating medical authority.
Ans: Yes, the policy offers coverage on both individual and family floater basis.
Ans: Yes, the policy offers coverage to adults up to the age of 65 years, and no pre-medical screening is required to get insured under this health insurance policy.
Ans: You can buy Corona Kavach Policy for 3.5 months, 6.5 months, and 9.5 months.
Ans: The policy covers co-morbidities like diabetes and hypertension that co-exist with primary diseases.