COVID-19 health insurance policies — Check premiums of 'Corona Kavach' and 'Corona Rakshak'

Reports of a massive surge in COVID-19 infections in China, led by an Omicron sub-lineage BF.7, has given rise to apprehensions over the possibility of a spill-over effect in India. While the fear of catching the disease has led to a doubling of daily vaccination rates, it's important to see if we have adequate health insurance or not to meet the expenses related to the treatment. The lives of many people have been affected earlier by the disease.

As per Insurance Regulatory and Development Authority in India's (IRDAI's) mandate, existing health insurance policies now include coverage for COVID-19-related hospitalisation. Apart from this, there are several customized health insurance policies for COVID-19 too available in the market which can be considered.

In 2020, IRDAI asked all insurance companies to come out with 'Corona Kavach' and 'Corona Rakshak' policies to help consumers protect themselves from the financial burden of Covid-19 medical bills. Both corona health insurance policies are designed to cover you against the expense of COVID-19 treatment at a low cost.