Corona Kavach Policy- National Insurance Company

Image

Corona Kavach Policy of National Insurance company is a standard short-term individual indemnity health insurance product designed specifically to address the basic health insurance need of insuring public during the Covid 19 pandemic. The Policy covers Hospitalisation Expenses for In-Patient Care for treatment of Covid during the Policy Period, Pre-Hospitalisation (15 days), Post Hospitalisation (30 days) expenses, Ambulance Charges and Home Care Treatment.

Any amount payable under the policy shall be subject to the terms of coverage Exclusions, Conditions and Definitions contained herein. Maximum liability of the Company under all such claims during the Policy Period shall be the Sum Insured (Individual or Floater) opted and specified in the Schedule.

SALIENT FEATURES

Hospitalisation Options

The Policy provides for Cashless Facility and/ or reimbursement of Hospitalisation and Home Care Treatment expenses related to Covid. Cashless Facility is available only in Network Providers, subject to pre authorization by TPA.

Type of Policy

Policy can be issued, as opted by the Proposer, on

  1. Individual Basis (i.e., Sum Insured shall apply separately on each Insured Person)
  2. Floater Basis (i.e., Sum Insured shall apply cumulatively to cover all Insured Persons)

Eligibility


 Entry age of Proposer should be between eighteen (18) years and sixty-five (65) years.
 If the Proposer is above sixty-five (65) years old, he/ she can obtain policy for family without covering self.
 Maximum entry age of any family member is sixty-five (65) years.
 Dependent children (natural or legally adopted) between the entry age of one (01) day and twenty-five (25) years may be covered, provided parent(s) is/are covered at the same time.
 If the child above 18 years of age is financially independent, he or she shall be ineligible.

Family consisting of Proposer and any one or more of the Family members are allowed under same policy.


 Legally wedded spouse
 Parents and Parents-in-law
 Dependent children (i.e., natural or legally adopted)


No other relation even within the eligible age band can be covered under the Policy.


2.4 Policy Period
The Policy can only be issued for a period of three and half months (3 ½ monthsor 105 days), six and half months (6 ½ monthsor
195 days), nine and half months (9 ½ monthsor 285 days) including waiting period.
2.5 Sum Insured (SI)
The Policy is available with options of SI of INR 50,000 (fifty thousand) to 5,00,000 (five lacs), in multiple of INR 50,000
(fifty thousand).
i. Individual Basis, different SI may be selected for different Insured Person. SI applicable to the Proposer shall be highest.
ii. Floater Basis, single SI shall apply cumulatively to all Insured Persons.
2.6Discounts
2.6.1 Discount for Health Care Workers
Discount of 5% shall apply on premium of Health Care Workers, as defined in the Policy