NEW DELHI : Buying a new health insurance cover has become tough following the mass spread Covid19 in the past few months.
Insurance companies were apprehensive to offer a health insurance policy to individuals showing even minor flu-like symptoms.
To tackle the crisis, IRDA has designed a standard Covid specific product called ‘Corona Kavach’. This indemnity based Individual Covid Standard Health Policy will address the basic health insurance needs of insuring public with common policy wordings across the industry.IRDA has mandated 30 general and health insurers to offer and market the standard Corona Kavach Policy.Corona Kavach Policy will be available on an individual and family floater basis.Sum insured: The minimum sum insured under.