*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?
Star Health and Allied Insurance Co. Ltd. offers fixed benefit Corona Rakshak Policy with many shield options to cover the expenses of COVID-19 treatment. The lump-sum payout of the sum insured under Star Corona Rakshak Policy helps the insured to access quality healthcare. The policy comes with attractive benefits such as no TPA involvement, exclusive coverage for Coronavirus, sum insured up to Rs 2.5 lakh etc.
Type of Coverage |
Individual basis |
Policy Tenure |
105 days, 195 days, 285 days |
Sum Insured Options |
Rs 50,000-Rs 2.5 lakh |
Pre-policy Medical Screening |
Not Applicable |
Waiting Period |
15 days |
The policy coverage can be availed with multiple sum insured options ranging from Rs 50,000 to 2.5 lakh. The policy covers the expenses incurred for treating coronavirus including. The policy benefit is offered for one-time, after which the policy ceases.
The Corona Rakshak Policy covers the insured exclusively for positive COVID-19 infection. The lump-sum payment is the right reassurance, where the insured has the flexibility to avail of the best healthcare to combat the menace. It practically acts as a supplementary coverage on top of the existing health insurance under which the insured is covered.
The specific policy for COVID-19 infection confines the benefits exclusively to its treatment. The insured must consult the policy bond for clarity on the different restrictive clauses to ensure a seamless claim experience. Accordingly, only the significant are described below.
The factors that influence the buy Corona Rakshak Policy are the flexible options of the Sum Insured and multiple policy terms.
Only the insurer is empowered to cancel the Corona Rakshak Policy by serving a written notice of 7 days on the grounds of misrepresentation, fraud, moral hazards, and non-cooperation. The insurer is not liable to refund the premium for cancellation on grounds other than non-cooperation.
Ans: The policy can terminate in any of the three situations described below:
Ans: The insurer does not employ any TPA to handle the claim settlement process but pays it directly to ensure speedy resolution of a claim. The Corona Rakshak Policy's claim documents must be submitted to the insurer within 30 days from the hospital discharge. The important point to remember is that, apart from the COVID-19 related medical reports and documents, the insured must also submit bank details from claim settlement through electronic means
Ans: No, to buy Star Corona Rakshak Policy, no pre-acceptance medical screening is called for.
Ans: The policy offers a fixed premium determined by a combination of the sum insured and policy terms selected by the insured.
Ans: Yes, the policy can be purchased at the insurer portal in a few simple steps.