As COVID-19 cases are on a steep rise, what accompanies this ascent is the threat of infection and immense financial burden. The IFFCO Tokio Corona Rakshak Policy is comprehensive insurance to protect your family from the medical expenditures that come if one tests COVID-19 positive and is hospitalized. The policy offers a lump sum pay-out that can be effectively utilized to cover the treatment costs of a medical emergency.
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Type |
Individual Basis (Benefit-based) |
Sum Insured |
Rs 50,000 to Rs 2.5 lakh |
Policy Tenure |
3 ½ months, 6 ½ months, and 9 ½ months |
Loss of Income |
Covered |
This particular IFFCO Tokio Health Insurance policy offers Sum Insured options from Rs 50,000 to Rs 2,50,000.
Alongside the essential coverage provided by IFFCO Tokio Corona Rakshak Policy Health Insurance, the plan offers additional benefits such as:
The following heads of expenditure are not included in the ambit of coverage offered by IFFCO Tokio Corona Rakshak Insurance Policy:
Under the IFFCO Tokio Corona Rakshak Policy, the insured can take advantage of the following features that enable the common man to access quality medical care:
The minimum eligibility criteria to buy this policy are:
Maximum Entry Age |
65 years |
Minimum Entry Age |
18 years |
Number of people covered |
Individual coverage only |
Residential Status |
The coverage will cease to apply if the Insured Person goes to any country under the Government of India's travel restriction.
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The company can cancel the policy on the following grounds:
A 7-days notice is provided, and there will be no refund of the premium.
Ans: This particular IFFCO Tokio Health Insurance is a short-term health insurance policy. The coverage options are for 3 ½ months, 6 ½ months, and 9 ½ months.
Ans: Applicants can either approach the nearest bank branch for more details and purchase the policy with a service representative's assistance. Alternatively, you will find all the relevant information and documents on the official website.
Ans: Buying this policy online is safe and also provides a comparison of various other plans. Moreover, the official IFFCO Tokio website provides 24x7 access, and the virtual assistant will answer any queries that you have on-the-spot. It not only saves time but is hassle-free.
Ans: The policy can be bought online through Policybazaar.com. Visit the website and select ‘Corona Rakshak Policy’. Enter your name, mobile number and clarify who is to be covered. After filling in the required details, the premium is calculated. The coverage is adjusted according to the requirements of the individuals. Make the payment and wait for your copy of your policy documents.
Ans: Yes, IFFCO Tokio will not be liable for any COVD-19-related claim arising within 15 days from the first policy commencement date.