ManipalCigna Corona Rakshak Health Insurance

Corona Rakshak Policy, ManipalCigna, is a standard medical insurance policy designed by the Insurance Regulatory and Development Authority of India (IRDA) and made available by ManipalCigna Health Insurance. It is a benefit based health insurance policy that provides you a lump sum benefit equal to 100% of the sum insured in case you are hospitalised due to positive diagnosis of COVID-19, provided the diagnosis is done at a government authorised diagnostic center. The policy can be purchased on individual basis only for sum insured options ranging between Rs. 50,000 and Rs. 2.5 Lakh, in multiples of Rs. 50,000. Corona Rakshak Policy is a short term term policy that can be purchased for 3.5 months (105 days), 6.5 months (195 days), and 9.5 months (285 days).

If you are aged between 18 years and 65 years, then you can purchase this policy online at InsuranceDekho by following a few easy steps. Under the policy, you can also include legally wedded spouse, son, daughter, parents, and parents in-laws, apart from self. Note that you are required to pay a single premium to own this policy. Also, as it is a short term policy, it does not offer lifetime renewability benefit. To continue availing coverage, you will be required to buy a new policy after the term ends.

Also read: COVID 19 Insurance