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Personal Finance

Should you renew Corona Kavach, Corona Rakshak insurance policies or buy a new plan?

Updated : October 19, 2020 07:26 PM IST

The Insurance Regulatory Authority of India (IRDAI) has decided to give consumers the option to renew the Corona Kavach and Corona Rakshak policies.
While Corona Kavach is a standard indemnity-based COVID-19 policy, Corona Rakshak is a fixed benefit plan.
Should you renew Corona Kavach, Corona Rakshak insurance policies or buy a new plan?

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