In this time of the pandemic,National insurance has come up with a standard health-based policy. National Corona Kavach Policy is a short-term policy specifically designed for individuals and has the feature of indemnity. This policy eases your financial burden if you get infected with the novel coronavirus. It offers you protection against all the expenses you incur towards the treatment of Covid-19. It caters to your basic health insurance needs
It is a pocket-friendly policy that can be bought on an individual basis or on a floater basis. You can cover yourself, your spouse, your dependent children, your parents and your parents in law. The proposer must be 18 years of age when buying the policy and can include family members up to the age of 65 years. The age of dependent children can be from 1 day to 25 years. The children can be natural children or legally adopted
If the children above 18 years are financially independent, they become ineligible for coverage under this policy. The proposers who are above 65 years can buy the policy for the family, without covering themselves
Features of National Corona Kavach Policy:
- This is a covid-specific policy that would cover only covid related hospitalisation that is for 24 hours or more
- A short term policy, it can be bought for 3.5 months, 6.5 months and 9.5 months as per your requirement
- The sum insured under this policy ranges between INR 50,000 to INR 5 lakh
- Under the Corona Kavach Policy offered by National Insurance, the policyholder can opt for cashless treatment or get reimbursement of hospitalization towards the treatment of Covid-19
- Pre hospitalization up to 15 days and post-hospitalization up to 30 days are covered
- Covid hospitalization cover includes expenses like room, ICU, Consultation fees, surgical appliances, PPE kits, medicines etc.
- Ambulance charges up to INR 2000 are covered, per hospitalization
- AYUSH treatment, Ayurveda, Yoga, Allopathy, Unani,Naturopathy, Sidha and Homeopathy, is covered up to the sum assured
- The doctor prescribed home care treatment for up to 14 days
- There is a cashless facility available at network hospitals
- You can opt for a Hospital Daily Cash available at 0.5% of the sum insured for a period of 15 days
- A discount of 10% is available through Online Customer Portal
- Healthcare workers can claim a discount of 5%
- Tax rebates can be claimed as per Section 80D of the Income Tax Act
- Portability and migration are not allowed in the policy
- As it is a short term policy, the Free Look period is not applicable
- Corona Kavach is a single premium policy
- A Pre-Policy check-up is not asked for
- There is a waiting period of 15 days,from the date of commencement of the policy
- There is no option of Copayment in this policy