Kotak Corona Rakshak Health Insurance

Corona Rakshak Policy offered by Kotak Mahindra General Insurance Company Ltd. is a standard benefit based medical insurance policy that covers people for treatment related to COVID-19. It provides a lump sum benefit to you and your family in case you are tested positive for COVID-19 and require hospitalisation for at least 72 continuous hours. But you can only avail cover if the test was done at a government recognised diagnostic center. You can buy this affordable policy for the sum insured option of your choice, as per your budget and requirement, starting from Rs. 50,000 and going up to Rs. 2.5 Lakh (in multiples of Rs. 50,000). The minimum and maximum entry age for this policy is 18 years and 65 years respectively.

Corona Rakshak Policy is a short-term policy that can be purchased for a period of three and half months (105 days), six and half months (195 days), or nine and half months (285 days), as per your requirement. Kindly note that once a claim is made, the policy shall terminate. If you still want to get yourself covered under the policy, then you will be required to buy a new one and complete the waiting period again. Also, you can enjoy tax deductions under Section 80D of the Income Tax Act, 1961, on the premium paid for this plan. In short, it is a wise choice to buy this policy during the pandemic times.

Also read: COVID 19 Insurance