*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?
The Corona-Rakshak Policy is health insurance specialized in covering the costs arising out of the treatment of coronavirus during the COVID-19 pandemic. It provides comprehensive health insurance coverage.
The policy covers the expenses that one may incur to obtain treatment after contracting COVID-19. To reap its benefits, the insured person should get a positive diagnosis of COVID-19 in an Indian Government authorized diagnostic center and get treated at a specialized hospital that has been allotted by the Government for COVID treatment.
The Corona-Rakshak Health Insurance by Oriental Health Insurance is available for an individual only. The complete details of the insured person should be furnished.
Sum Insured |
Rs 50,000 to Rs 2,50,000 |
Policy Tenure |
3.5, 6.5 and 9.5 months |
Renewability |
Lifelong |
Tax Benefits |
Available |
Deductibles |
Not Applicable |
The Corona Rakshak insurance policy by Oriental Insurance company covers a sum of Rs 50,000 to Rs 2,50,000 on an individual basis.
The lump sum benefit equal to 100% of the sum insured, which is payable when diagnosed positive for COVID-19 and hospitalized for a minimum continuous period of 72 hours, is covered when Corona Rakshak health insurance is purchased.
The basic coverage offered for the plan includes in-patient treatment. It refers to hospitalization where the insured person needs to stay in a government-designated hospital for COVID-19 treatment for a minimum time period of 72 hours consecutively.
The person should be diagnosed positive for COVID-19 in a government authorized diagnostic center.
Apart from the above-mentioned health covers offered by the Corona Rakshak Policy-Oriental Insurance health insurance, the plan provides a one-time lump sum benefit that is applicable for the entire tenure of the policy.
It shall terminate once the payment of this benefit is complete.
The insured person needs to stay for a continuous period of 72 hours in a hospital designated for COVID-19 treatment by the Government.
The company is not liable to any payments under the Corona-Rakshak Policy-Oriental Insurance in case of any expenses incurred in connection to or in respect of:
The list of the salient features and benefits of the Corona Rakshak Policy-Oriental insurance policy are given below-
The minimum eligibility conditions to buy this policy are:
Type |
Individual policy |
Minimum Entry Age |
18 years |
Maximum Entry Age |
65 years Without any medical examination |
Number of People Covered |
Individual |
Residential Status |
Residents of India, including citizens, permanent residents, foreigners holding an employment pass, dependent pass or work permit |
The company is liable to cancel the Corona Rakshak Policy-Oriental Insurance on the following grounds at any time-
Ans: Individuals, who buy Corona Rakshak Policy- Oriental Insurance, should disclose all pre-existing diseases or conditions.
Ans: The insured person should claim for the cover within 30 days from the date of discharge from the hospital following the positive diagnosis for COVID-19.
Ans: The payment is made on a lump sum benefit basis by the company.
Ans: In case the insured person dies or upon payment of an admissible claim and settlement of 100% of the sum insured is done, then the policy will be automatically terminated.
Ans: The option of online Corona-Rakshak Policy buying is available and a 5% saving can be availed on it.