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You can Buy Insurance Policy From
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Aditya Birla
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Corona Kavach Health Insurance Policy Benefits Short Waiting Period: Corona Kavach Policy comes with a waiting period of only 15 days, which means that the insured can start availing the policy benefits sooner. Affordable Premium: As the Insurance Regulatory and Development Authority of India (IRDAI) has launched Corona Kavach Policy to ease the financial pressure during the coronavirus outbreak, therefore it is priced at an affordable health insurance premium. One-Time Payment: To be covered under Corona Kavach Policy, the policyholder has to pay the health insurance premium only once, unlike regular health insurance plans. This keeps him/her at ease. Optional Cover for Hospital Daily Cash: the policy comes with an optional cover of Hospital Daily Cash that can be purchased by paying an extra premium as per the requirement. With this cover, the policyholder can avail cash benefit of 0.5% of the sum insured for every completed day of continuous hospitalisation for up to 15 days. Tax Benefits: The policyholder can avail tax benefits in the premium paid for this policy under Section 80D of the Income Tax Act, 1961. Note that the benefit can be availed if the premium is paid in any mode other than cash.