These days there is hardly anyone who doesn’t know what is corona virus as everyone has realized the value of health and immunity during the global pandemic COVID-19 that shook the entire world in 2020. Also, the importance of having health insurance that can cover you financially during a pandemic or any other health emergency cannot be ignored now. You no longer have to worry about the medical cost and treatment charges that can be incurred if you get diagnosed with COVID-19. This is because Bajaj Finserv is offering ‘Corona Kavach Policy’ that covers all the hospitalization charges and medical expenses that you need to bear during the COVID-19 treatment. The main advantages of subscribing to this coronavirus insurance are explained below:
- Wide coverage
The Corona Kavach Policy provides a wide coverage as it includes cover for the expenses incurred before 30 days and after 30 days of hospitalization. Therefore, it covers expenses that you need to bear both before and after getting hospitalized.
Apart from that, it also includes the cost incurred while getting one or more comorbidity treated along with the main treatment of coronavirus. Even ambulance charges of up to Rs. 2000 are covered under this coronavirus insurance.
- Additional cover
Apart from the regular cover this insurance policy also provides a daily cash cover that is equal to 0.5 percent of the applicable coverage amount (insured per day) for up to 15 days for every hour of continuous hospitalization. Therefore, you need not worry about the additional expenses that you need every day apart from the treatment and hospitalization charges.
- Flexible plans
You can select a plan that is suitable according to your requirements. The below table gives the list of coronavirus insurance coverage and the applicable premium:
| Maximum coverage | Premium charges |
| Rs. 50,000 | Rs. 952 |
| Rs. 1,00,000 | Rs. 1339 |
| Rs. 1,50,000 | Rs. 1402 |
| Rs. 2,00,000 | Rs. 1469 |
- Convenient application & claim process
You need not visit any branch office for getting this coronavirus insurance cover as an easy online process is provided for getting your name registered under this policy.
Firstly, you will have to fill an online application form after which you will receive an OTP on your registered mobile number for confirming your consent. Once you have submitted the OTP, you can complete the payment via debit card/credit card, mobile wallet, UPI, or any other online payment mode that suits you.
For claiming your coronavirus insurance, you just need to contact the insurer via email or telephone number. Therefore, the entire process is stress-free and convenient for everyone.
Does this insurance allow other forms of treatments?
The coronavirus insurance India allows you to get your treatment is done via other methods that fall under Yoga, Ayurveda, Homeopathy, Unani, Siddha, and other systems or medicinal approaches.
However, to obtain the coverage you need to get a valid report from the ICMR laboratory or any other laboratory that is approved by the Government of India that says that you have been diagnosed with the COVID-19 virus.
- Secures every member of your family
You can either purchase the ‘Corona Kavach Policy for yourself or your family. As per this coronavirus insurance policy, you can either get a separate policy for every family member or you can opt for a single policy on a floater basis. This means if anyone in your family gets diagnosed with the COVID-19 virus then this policy can be used for their treatment.
Moreover, you can also extend this policy for your parents and in-laws along with yourself, your spouse, and your child/children who are dependent on you. Therefore, this policy will protect your entire family, and its numerous features and extensive cover make it one of the best coronavirus insurance plans in the market.
