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  • Corona Rakshak - One Pager - Version 1.0 - July - 20

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    Rajat Gupta
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    This document summarizes the key details of the Corona Rakshak Policy offered by Star Health and Allied Insurance Co Ltd. The policy offers a lump sum benefit equal to 100% of the sum insured if the insured is diagnosed positive for COVID-19 and hospitalized for a minimum of 72 continuous hours. The policy term options are 31⁄2months, 61⁄2months, or 91⁄2months. Sum insured options range from Rs. 0.50 lacs to Rs. 2.5 lacs. There is a 15-day initial waiting period. Upon claim payment, the policy ceases for the entire policy period.

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    Corona Rakshak_One Pager_Version 1.0_July_20

    Original Title

    Corona Rakshak_One Pager_Version 1.0_July_20

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    This document summarizes the key details of the Corona Rakshak Policy offered by Star Health and Allied Insurance Co Ltd. The policy offers a lump sum benefit equal to 100% of the sum insured if the insured is diagnosed positive for COVID-19 and hospitalized for a minimum of 72 continuous hours. The policy term options are 31⁄2months, 61⁄2months, or 91⁄2months. Sum insured options range from Rs. 0.50 lacs to Rs. 2.5 lacs. There is a 15-day initial waiting period. Upon claim payment, the policy ceases for the entire policy period.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    52 views1 page

    Corona Rakshak - One Pager - Version 1.0 - July - 20

    Uploaded by

    Rajat Gupta
    This document summarizes the key details of the Corona Rakshak Policy offered by Star Health and Allied Insurance Co Ltd. The policy offers a lump sum benefit equal to 100% of the sum insured if the insured is diagnosed positive for COVID-19 and hospitalized for a minimum of 72 continuous hours. The policy term options are 31⁄2months, 61⁄2months, or 91⁄2months. Sum insured options range from Rs. 0.50 lacs to Rs. 2.5 lacs. There is a 15-day initial waiting period. Upon claim payment, the policy ceases for the entire policy period.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Version_1.

    0_SP Parameters Corona Rakshak Policy, Star Health and Allied Insurance Co Ltd
    SHAHLIP21067V012021

    About the policy An exclusive policy that offers lump-sum benefit on Positive diagnosis of COVID, which will be equal to 100% of
    the sum insured.
    Type of Cover Individual
    For Adults: 18 years – 65years
    Entry Age

    Policy Term 3½months (105 days); 6½months (195 days); 9½months (285 days) (No annual policy term)

    Pre Policy Medical Screening Not required


    0.50 1 1.5 2 2.5
    Features

    Sum Insured Options


    (Rs. in Lacs)
    Diagnosed with Covid positive requiring hospitalization for minimum continuous period of 72 hours,
    Benefit lumpsum benefit equal to 100% of sum insured is paid
    Payment will be made only on Hospitalisation and report of Positive diagnosis for Covid from
    Government Authorized Centre.
    This is one time benefit for entire policy period and the policy shall cease upon payment of lumpsum.

    Renewals, Migration
    Not applicable
    Portability, FreeLook Period

    Waiting Period
    Initial waiting period 15 days

    * The information provided in this document is only indicative. For more details on the terms and conditions, please read the policy wordings before concluding a sale.

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