Cholamandalam MS Corona Kavach Health Insurance

Cholamandalam Corona Kavach Policy is designed to address the medical insurance needs for the treatment related to Coronavirus (Covid-19) infection. This affordable health insurance plan takes care of your medical expenses at the time of hospitalisation for the treatment of Covid-19. The coverage under this policy shall be offered on an indemnity basis with sum insured options from Rs. 50,000 to Rs. 5 lakh. This cover can be purchased by people between 18 years and 65 years on an individual or floater basis and can be availed by self, spouse, children, parents, and parents-in-law.

The policy term of this health insurance plan is of 3.5 months, 6.5 months, and 9.5 months. However, it can be availed only after the completion of a waiting period of 15 days. There are several benefits offered under this plan which include Covid-19 hospitalisation expenses, home care treatment expenses, AYUSH treatment, pre-hospitalisation and post-hospitalisation, and so on. It also provides an optional cover of hospital daily cash as per which the insured person gets 0.5% of the sum insured amount per day for every 24 hours of continuous hospitalisation for a maximum of up to 15 days.

Also read: COVID-19 Insurance India