What does Corona Rakshak offer?Like Corona Kavach, Corona Rakshak too offers three policy tenures—105, 195 and 285 days.
The minimum entry age is 18 and the maximum 65 years and there’s a 15-day waiting period. You can opt for a sum insured between ₹50,000 and ₹2.5 lakh in multiples of ₹50,000.The policy will pay 100% of the sum insured if the policyholder is hospitalized for 72 hours on positive diagnosis for covid-19 from a government-authorized diagnostic center.
For instance, if you opt for a ₹2.5 lakh sum insured, on hospitalization for covid-19 for three days, you will get a lump sum of ₹2.5 lakh.Once 100% of the sum insured is the paid, the policy will terminate.