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60 lakh lives covered under covid-19 health policies, says Irdai chairman

₹1.02 lakh crore and 32 lakh Rakshak policies with a total sum assured of ₹1.1 lakh crore.While Kavach has a cap of ₹5 lakh on the sum insured, Rakshak has a cap of ₹2.5 lakh.

Both these policies were launched on 10 July 2020.“Kavach and Rakshak are both small-ticket policies because they are short-duration products.

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