News > Corona Kavach and Corona Rakshak: Q&A on COVID insurance plans
Corona Kavach and Corona Rakshak: Q&A on COVID insurance plans
31/07/2020 07:14 AM | Click to read full article
The steep rise in COVID cases has resulted in IRDAI to compel insurers to launch COVID-specific plans.
Unlike a basic health insurance policy, a COVID specific policy covers medical treatment incurred during home quarantine, even if it does not ultimately lead to hospitalization. Additionally, the policy covers expenses towards PPE’s, masks, gloves, oximeters, oxygen cylinders, nebulizers, AYUSH treatment etc. The maximum cover offered under Corona Rakshak is Rs 2.5 lakh and Rs 5 lakh for Kavach.