Highlights of Corona Kavach Policy, The New India Assurance Co Ltd

Hospitalization indemnity policy.

1. Sum insured from 50,000 to Rs. 5,00,000 in multiples of Rs.50000.

2. Entry age – Day 1 to 65 years.
3. Policy can be given on either individual or floater basis.
4. Policy triggers on positive diagnosis of COVID 19 as per Govt mandates.
5. Minimum hospitalization of 24 hours mandatory.
6. Pre hospitalization – 15 days.
7. Post hospitalization – 30 days.
8. Ambulance charges – Rs.2000.
9. Room rent/ICU – No limit
10. No proportionate deductions.
11. Policy period – 3 1/2 months (105 days), 6 1/2 ( 195 days), 9 1/2 months(285 days).
12. No free look period under the policy.
13. AYUSH – no sub limits.
14. Home Care Treatment– payable upto maximum of 14 days subject to a maximum of Rs.15000
per insured.
15. Waiting period – 15 days.
16. Cover includes treatment for any co-morbid conditions also.
17. No zone based or regional discount.
18. Lifelong renewal/Migration and portability clauses are not applicable.
19. No instalment facility. Single premium.
20. Loading of 30% is applicable for persons suffering with any of the Co-Morbidities.
21. Discount of 5% shall be given to Females
22. Optional cover – Hospital cash of 0.5% maximum 15 days. – 15% loading on the premium

Other Discounts

 Floater Discount – 5%
 Digital Discount of 10% is applicable. This is only applicable in New India Assurance Customer
Channels.
 Health Care Worker Discount – 5%, Applicable only to Self, Spouse and Children.