Corona Rakshak Policy, Star Health and Allied Insurance Co Ltd.

Highlights

Claim payment
100% Lump-sum on positive diagnosis of COVID by Govt authorized Centre.

Pre acceptance medical screening
No pre acceptance medical screening

Waiting Period
15 days

Sum Insured
Minimum of Rs.50,000/- to Maximum of Rs.2,50,000/- (in multiples of Rs.50,000/-)

Policy term
3.5 months, 6.5 months and 9.5 months (No Annual policy term)

Policy Type
Individual basis

Benefits
The policy provides Lump sum benefit of 100% of the Sum Insured on positive diagnosis of COVID, requiring hospitalization for a minimum continuous period of 72 hours.

Sum Insured :
Rs.50,000; Rs.1,00,000; Rs.1,50,000; Rs.2,00,000; and Rs.2,50,000

Eligibility
Any person aged between 18 years to 65 years can take this insurance.

General Terms

Tax Benefit:
Amount paid by any mode other than by cash for this insurance is eligible for relief under Section 80D of the Income Tax Act.

Free look period:
Not Applicable.

Star Advantages
No third Party Administrator, direct in-house claim settlement.
Faster & hassle-free claim settlement.
Cashless hospitalization wherever possible.