/content/nivabupa/in/en/bank,/content/nivabupa/en/in/digital/home/app-form2,/content/nivabupa/en/in/digital/home/thank-you1,partner.nivabupa.com
/content/nivabupa/in/en/agent

Secure your health with comprehensive insurance plans from Nivabupa

Tell us a bit about you

Whom are you buying for ?
Myself Icon Individual
Wife Icon Husband & Wife
Family Icon Family
Enter valid name
Enter Valid DOB
OTP sent Resend OTP
otp icon
OTP Expires in
I authorize Niva Bupa to call me. This will override your existing registry in DNCR. I want to get my quote and policy details on WhatsApp.
FIND MY PLAN

Should Corona Kavach be switched over to Comprehensive Health Insurance?

Posted On : 05 April 2023, 1 Years Ago. Health-Insurance
Corona Kavach Switched to Comprehensice Health Insurance

A government health insurance system is a medical insurance plan sponsored and supported by the government at any level, national or state. The government is responsible for ensuring the health and well-being of its citizens, and one method to do so is to build a robust public health infrastructure and collaborate with the private sector to implement health insurance plans.

 

What is Corona Kavach policy?

The impact of coronavirus has been far-reaching and devastating. Economically, it has caused a steep decline in global markets and a drastic rise in unemployment. The social effects of coronavirus include a dramatic decrease in the number of activities people can participate in and a strain on mental health due to loneliness and anxiety. Healthwise, the virus has caused an unprecedented number of deaths and a strain on healthcare systems around the world. To cope with the economic strain of this deadly virus, the government has developed a Corona Kavach policy designed to cover health treatments for coronavirus.

 

A Corona Kavach policy is a health insurance policy specifically designed to cover hospitalisation and medical expenses associated with Covid-19 treatment. This covers pre- and post-hospitalization expenses, domiciliary expenses, home care treatment expenses, and AYUSH therapy borne by the insured if someone tests positive for Covid-19 illness.

 

During the hospitalisation period, a Corona Kavach plan covers the policyholder for any concomitant medical issues caused by a coronavirus. Among the initiatives and efforts undertaken by the Indian government, the insurance industry has also developed various coronavirus-specific basic and standard medical insurance plans

to cover the hospitalisation costs associated with COVID-19 treatment.

 

Reason for purchasing Corona Kavach plan

Within a year, COVID-19 disease had a significant impact on our life, pushing us to our boundaries in the worst ways possible, whether physically, mentally, or financially. However, one thing is sure: one cannot overlook their health at any time. Purchasing health insurance is one approach to protect our loved ones financially in times of disaster. The following are reasons why purchasing a Corona Kavach Policy is a wise idea:

 

  • Minimum waiting time: One of the primary advantages of acquiring Corona Kavach coverage is the 15-day minimum waiting time.
  • Secures individuals without medicare: For those who do not presently have health insurance, purchasing a COVID-19 specialised health plan is a fantastic solution, especially given the benefits offered at a low price and with a shorter waiting period.

 

When you purchase a COVID-19 health insurance plan, you do not have to deal with the difficulties of annual, quarterly, or monthly payments. This one-time purchase assures that you have medical coverage and are protected in an emergency.

 

Benefits of Corona Kavach plan

The Corona Kavach Policy for COVID-19 includes the following characteristics and benefits:

 

  • Corona Kavach Covid-19 coverage covers hospitalisation expenses such as co-morbidities, room rent, nursing and intensive care unit costs, surgeon and doctor consultation fees, and so on.
  • When purchasing the Corona Kavach plan, the insured must pay the premium at once.
  • Pre and post-hospitalisation fees are reimbursed for a limited time.
  • Certain insurers pay treatment expenses for coronavirus patients for 14 days.
  • The policy does not include a ceiling on room rent.
  • Treatment costs for Ayurveda, Unani, Siddha, and Homeopathy are reimbursed.
  • A certain amount of emergency ambulance coverage is provided.
  • This health insurance plan will cover basic COVID - 19 health-related cases.
  • This policy has three and a half months, six and a half months, and nine and a half months, or 105, 195, and 285 days, respectively.

 

Switching Corona Kavach plan to comprehensive health insurance

To reach the most significant number of clients, the Insurance Regulatory and Development Authority of India (IRDAI) required all general insurance companies to offer these short-term life insurance policies. Soon after, it added options to renew, relocate, and port the current Corona Kavach policy to increase insurance penetration in India.

 

Using the migration option, you can move from Corona Kavach to other indemnity-based health and general insurance products or plans supplied by the insurer. Even if you have a group Corona Kavach coverage, you can switch to an individual indemnity-based health insurance plan. You must relocate, as with the renewal option, you must relocate before your current policy expires. If you do not select the add-ons and additional sum insured, you will not be subject to any additional waiting period.

 

Using the porting option, you can port your Corona Kavach policy to any other comprehensive health insurance policy. Porting your policy will have the same conditions as the previous two options, in that you must port before the conclusion of the policy period. There is also no further waiting period if you do not opt for add-ons or changes, such as an increase in the sum covered.

 

You have an excellent opportunity as a policyholder to take advantage of IRDAI's options and make the best decision that will support you during difficult times. It will also save you a lot of money on hospital fees and treatment for Covid-19 and other co-morbid illnesses. Furthermore, you can use the porting option to move to a complete health insurance plan that covers Covid-19 treatment and overall coverage and protection against other severe conditions such as accidents, cancer, and so on.

 

You are responsible for enrolling in general protection plans and guaranteeing that your hard-earned money is not spent on hospital costs. As a result, it is best to protect yourself with adequate health insurance policies like Corona Kavach health insurance. You should also think about the Corona Kavach family floater plan for your family's healthcare.

 

The impact of coronavirus has been felt worldwide. From the disruption of everyday life to the resulting economic recession, the effects of coronavirus are far-reaching and will be felt for some time. It is essential to take the necessary precautions to shield yourself and your family from this virus, as the effects of coronavirus can be devastating.

Secure your health with comprehensive insurance plans from Nivabupa

Tell us a bit about you

Whom are you buying for ?
Myself Icon Individual
Wife Icon Husband & Wife
Family Icon Family
Enter valid name
Enter Valid DOB
OTP sent Resend OTP
otp icon
OTP Expires in
I authorize Niva Bupa to call me. This will override your existing registry in DNCR. I want to get my quote and policy details on WhatsApp.
FIND MY PLAN