Corona Rakshak Policy

Corona Rakshak Policy

As per the directives of the IRDAI, IFFCO Tokio General Insurance Co. Ltd. offers Corona Rakshak Health Insurance Policy to help keep you protected from the heavy expenses that accompany a COVID 19 infection. Corona Rakshak Health Insurance Policy offers a lump sum payout that can be used to meet your medical needs. Purchase coverage for yourself and your loved ones today, and let us help you tackle the finances of any medical contingencies.

Why choose IFFCO-Tokio?
IFFCO-Tokio General Insurance Co. Ltd. is a highly trusted name in insurance in India. We have a claim settlement ratio of 93%with more than 5000 network hospitals and over 20,000 agents and branches, we truly aim to make coverage for healthcare accessible.

What is covered by Corona Rakshak Policy?
Here is a look at the main features of the Corona Rakshak Health Insurance Policy:

Lump sum payout
The Corona Rakshak Health Insurance Plan offers the policyholder a lump sum payout if they require hospitalization after testing positive for COVID 19. This payout can truly help you afford life-saving medical care.

scope of coverage
Wide scope of coverage
Under the Corona Rakshak Health Insurance Plan, you can choose your sum insured from a range that starts at Rs 50,000 and goes upwards till Rs 2.5 lakhs.

Eligibility
The coverage can be availed by anyone from the ages of 18 to 65 years.
policy tenure
Choice of policy tenure
The Corona Rakshak Health Insurance Plan is short-term health insurance. You can enjoy coverage for 3 months, 6 months, and 9 months.

Access to finance will ensure you get the best in healthcare with no compromises. Contact IFFCO Tokio General Insurance Co. Ltd. today to buy a Corona Rakshak Health Insurance Policy.

What's not covered?
While we do our best to ensure you get the most out of your health insurance plan, coverage does have certain limitations. Under the Corona Rakshak Health Insurance Policy too there are certain exclusions. These consist of, but are not limited to:

Claims made for COVID 19 that manifested before the policy commencement
Tests for COVID 19 that are not done at a Government-authorized Centre will not be accepted
Coverage will stop if a person visits a country that has been restricted for travel by the Indian Government

Why is it important to have the Corona Rakshak Health Insurance Policy?
The novel coronavirus has infected millions across the world. And, the infection is showing no signs of slowing down. Therefore, everyone needs to have their very own Corona Rakshak Health Insurance Policy in place so that they are financially protected during a medical emergency arising from COVID 19.

Buying the Corona Rakshak Health Insurance Policy can:
Save your hard-earned money
COVID 19 can infect anyone, irrespective of their age. The ensuing medical bills may completely drain one's savings. The lump sum payout under this policy can protect your savings and prevent you from having to liquidate your assets for a COVID 19 treatment.

Fill gaps in your existing coverage
Even if you have a standard health insurance plan, it is recommended that you buy a Corona Rakshak Health Insurance Policy for added protection. The lump sum paid out as part of this policy can truly serve to fill any gaps in your existing health insurance plan. And, if you do not have any kind of health insurance already, then the Corona Rakshak Health Insurance Policy is absolutely essential.

Lower your stress
The present COVID 19 pandemic has brought along much stress for everyone in different ways. Having a Corona Rakshak Health Insurance Policy will at least help minimize your stress when it comes to affording healthcare

Benefits of Corona Rakshak Health Insurance Policy
The Corona Rakshak Policy will truly give you peace of mind, knowing you are financially secured if you need treatment for COVID 19. This policy also offers you some more benefits such as:

Utility of payout
The lump sum that you receive under this policy can be used to pay for consumables such as PPE kits which are normally not covered in standard health insurance plans. Thus, your Corona Rakshak Policy can supplement your existing coverage and ensure you are truly protected.

Tax benefits
The premium paid is considered as eligible for tax benefits according to section 80D of the Indian Income Tax Act.

income loss
Compensation for loss of income
The Corona Rakshak Policy is a benefit-based plan that offers a payout which can compensate for a possible loss in income due to a COVID 19 diagnosis.

Differences between Corona Rakshak Health Policy and Corona Kavach Health Policy
Both, the Corona Rakshak Policy and the Corona Kavach Policy, have been designed as short-term health insurance plans to secure you against COVID 19. However, there are some differences between these two policies. To help you get a better understanding, we have listed these differences below.

1 Sum insured
The Corona Rakshak Policy gives SI between Rs 50,000 to Rs 2.5 lakhs. The Corona Kavach Policy gives SI from Rs 50,000 to Rs 5 lakhs.

2 Coverage
The Corona Rakshak Policy only offers individual coverage. Those who wish to cover their loved ones under a family floater plan can opt for the Corona Kavach Policy.

3 Plan type
Corona Rakshak is a benefit-based plan that provides 100% payout of the sum insured if you are hospitalized for over 72 hours due to COVID-19. Corona Kavach is indemnity-based that covers the cost of hospitalization due to COVID 19.

How to buy Corona Rakshak Health Insurance Policy?
IFFCO Tokio General Insurance Co. Ltd. believes in making insurance buying as easy as possible. You can head over to any of our branches and buy your Corona Rakshak Health Insurance Plan with the help of a service representative. Or, you can opt to Buy an Online Corona Rakshak Policy from our website through the following quick steps.

1 Visit our website
Log on to our website on your laptop or smartphone. Go to Health Insurance and click on Corona Rakshak Policy. You will then be asked to enter your name and mobile number.

2 Tell us who is to be covered
While the Corona Rakshak Policy offers individual coverage only, we do allow you to purchase separate plans at a single go for any of your loved ones. Note that this coverage can only be bought for individuals between the ages of 18 years to 65 years.

3 Fill in the details
Next, you have to fill up certain details so that your premium can be calculated. You can adjust the coverage until you get exactly what you need.

4 Make the payment
Finally, you simply need to seal the deal by making the payment for your policy on our secure website. You will now receive a copy of your Corona Rakshak Health Insurance Policy in your email.

Why buy the Corona Rakshak Health Insurance Policy online?
If you decide to buy your policy in person at one of our offices, we would be more than glad to meet you and help you out. However, we do advise you to buy an Online Corona Rakshak Policy so that you enjoy these benefits:

Round the clock access
If you choose to get your Corona Rakshak Policy Online, you enjoy 24/7 access to our website so that you can make your insurance purchase when you want and from wherever you want to.

social distancing
Adhere to social distancing
By choosing to get your Corona Rakshak Policy Online, you keep yourself and your family safe from infection by maintaining social distancing.

Quick and hassle-free processing
Our intuitive website will seamlessly guide you through the process of buying insurance from start to finish. When you Buy an Online Corona Rakshak Policy, you also receive plenty of guidance from Ira, our virtual assistant. She can help you with any questions you may have while buying your Corona Rakshak Policy Online. And, if you wish to talk to a live agent, Ira can get you connected over in no time at all so that you can get your queries solved.

How to choose the right coverage under Corona Rakshak Health Insurance Policy?
Buying health insurance during a global health crisis can be a bit overwhelming. And, we understand your concerns. In order to help you get the most out of your Corona Rakshak Health Insurance Policy, we have listed out a few tips for you to follow when buying your coverage.

opt for the right sum insured
Make sure that the sum insured will suffice to provide for your coverage needs. When selecting the sum insured, do factor in the costs of treatment in your city and also inflation.

Ensure affordability of cost
Make sure that the premium is one that you can comfortably afford. At the same time, never base your selection on the cheapest premium available. Health insurance should offer good coverage at a rate that is reasonable to you. So, choose your parameters wisely.

Select the right tenure
While the Corona Rakshak Health Insurance Policy is a short-term plan, you still need to choose the tenure wisely. Try to opt in for the longest tenure that you can afford to ensure maximum protection.