15/07/2020
Launch of Standard COVID Product CORONA KAVACH STAR Health and ALLIED INSURANCE Co. LTD.
*The Product Launched w.e.f. 10/07/2020*
*BENEFITS:*
📌 Indemnity Policy specific to Corona
📌 Covers all the Hospitalization Expenses raises from Corona
📌 Non payable like PPE kits, Gloves, Masks are Covered
📌 Expenses incurred on Co-morbid also Covered
📌 Home Care Treatment Expenses: upto 14 Days
📌 Road Ambulance: Max. Rs. 2000 per Hospitalization
📌 Hospital Daily Cash: option cover, 0.5% of Sum insured payable per day.
📌 Ayush Treatment upto Sum insured
📌 Waiting Period: 15 Days
*WHY THIS POLICY ?*
📍 The impact of COVID 19 not only does shatter the health of individuals but the treatment cost at a medical facility will drain the savings too.
📍 In order to help people to overcome the Financial difficulties while they are recovering from the COVID 19
📍 An Indemnity policy that covers the Hospitalization Expenses up to the Sum insured
*WHO CAN TAKE POLICY*
*Eligibility* : Adult 18 years to 65 years
*Dependent Children:* Day 1 to 25 years
*POLICY TERM*
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1. 105 Days ( 3 & Half Months )
2. 195 Days ( 6 & Half Months )
3. 285 Days ( 9 & Half Months
*SUM INSURED OPTIONS*
1) 50,000/-
2) 1.0 LAKH
3) 1.5 LAKH
4) 2.0 LAKH
5) 2.5 LAKH
6) 3.0 LAKH
7) 3.5 LAKH
8) 4.0 LAKH
9) 4.5 LAKH
10) 5.0 LAKH
*POLICY TYPE*
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Individual & Family Floater
*WHO CAN BUY THE POLICY ?*
✔ Self
✔ Legally Wedded spouse
✔ Dependent Children
✔ Parents and Parents in Laws
*NOTE:* If the Child Above 18 years of Age is financially independent, he or she shall be ineligible for Coverage.
*COVID HOSPITALIZATION COVER*
1️⃣ Expenses incurred for Treatment of COVID on Positive Diagnosis in a Government Authorized Diagnostic Centre including the treatment for any Comorbidity is Covered upto Sum insured.
2️⃣ Expenses for Hospitalisation: Min. Period of 24 consecutive hours is admissible
3️⃣ Cashless and Reimbursement both types of claim settlement are available
4️⃣ Room Rent, Boarding, Nursing Expenses as provided by the Hospital / Nursing home
5️⃣ ICU & ICCU Expenses
6️⃣ Surgeon, Anesthetist, Medical Practitioner, Consultants, Specialists Fees
7️⃣ Anesthesia, Blood, Oxygen, Opetation Theatre charges, Surgical Appliance, Ventilator charges, Medicines and Drug, Cost towards Diagnostics, Diagnostic imaging modalities, PPE kit, Gloves, Mask and Such similar other Expenses.
*ROAD AMBULANCE*
☑️ Maximum of Rs. 2000/- per Hospitalisation
☑️ Transportation of the insured Person from a Hospital to another Hospital
*HOME CARE TREATMENT EXPENSES*
☑️ Available up to Maximum of 14 Days
☑️ Insured Person at Home for COVID on Positive Diagnosis of COVID in a Government Authorized Diagnostic Centre which in normal course would require care and treatment at a hospital but is actually taken at Home
*COVERAGE PROVIDED*
➡️ The Medical Practitioner advices the insured Person to undergo treatment at Home
➡️ There is a continuous active line of Treatment with monitoring of the Health status for each day
➡️ Daily Monitoring Chart including records of Treatment by the treating Doctor is mentioned.
➡️ Both Cashless and Reimbursement is Available
➡️ For Reimbursement a prior approval is needed
*BENEFITS HOME CARE TREATMENT EXPENSES*
➡️ Diagnostic Test undergone at Home or at Diagnostic Centre
➡️ Medicines Prescribed in Writing
➡️ Cosultation charges of the Medical Practitioner
➡️ Nursing charges related to Medical staff
➡️ Medical procedures limited limited to parenteral administration of medicines
➡️ Cost of Pulse Oximeter, Oxygen cylinder and Nebulizer
*NON ALLOPATHIC*
▶️ Up to limit of Sum insured
▶️ On Positive Diagnosis of COVID test in a Government Authorized Diagnostic Centre including the Expenses incurred on Treatment of any Comorbidity
▶️ Treatment for Covid under Ayurveda, Yoga & Naturopathy, Unani, Siddha and Homeopathy system of Medicines
▶️ Expenses incurred as an inpatients for Treatment of COVID including the Treatment for Co-morbid conditions in AYUSH Hospital
*PRE & POST HOSPITALIZATION*
Pre Hospitalization:- 15 Days
Post Hospitalization:- 30 Days
*HOSPITAL DAILY CASH* ( Optional Cover )
👉 0.5 % of Sum insured for each 24 hours of continuous Hospitalisation
👉 Cover up to Maximum of 15 days per Policy Period
📌 *NO PRE-ACCEPTANCE MEDICAL SCREENING REQUIRED*
*_PREMIUM DISCOUNT_*
🚩 *5% Premium DISCOUNT* - Health Care Workers
🚩 Health Care Workers for the Purpose of this Policy shall means Doctors, Nurses, Dental Practitioners, Midwives, and other Health Professionals including Laboratory Assistants, Pharmacists, Physiotherapists, Technicians & people working in Hospitals.
*( For Discount ID Proof is Mandatory )*
*TAX BENEFITS*
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Insured Person is Eligible for relief under section 80D of the income Tax Act in respect of the Premium paid by any mode other then Cash
*UNDERSTAND THE POLICY WAITING PERIOD & EXCLUSION*
1) *Initial Waiting Period:* 15 Days is Applicable from the date of Commencement of this Policy
2) *Exclusion* : ▶️Certain Diseases / Conditions / Treatments are not Paid for
▶️ Diagnosis / Treatment outside the Geographical limits of India not permissible
▶️ if the insured Person Travels to any Country placed under Travel restriction by the Government of India
▶️ Any Claims in relation to COVID where it has been Diagnosed prior to Policy Start Date
*POINTS TO REMEMBER*
All these are not Applicable..
📍RENEWAL
📍PORTABILITY
📍MIGRATION
📍FREELOOK PERIOD
*CLAIM DOCUMENTS REQUIRED*
COVID Hospitalisation Cover...
*️⃣ Signed Claim Form
*️⃣ Copy of insured Person's Passport, if Available ( All Pages )
*️⃣ Photo ID Proof of the Patient (if insured Person does not own a Passport )
*️⃣ Medical Practitioner's Prescription Advising Admission
*️⃣ Original Bill with itemized Breakup
*️⃣ Payment RECEIPTS, Legal heir / Succession Certificate, where Applicable
*️⃣ DISCHARGE SUMMARY
*️⃣ COVID Positive & Other investigations Reports
*️⃣ KYC of Proposer ( ID & ADDRESS PROOF ) Where claim Liability is Above Rs. 1.0 Lakh as per AML GUIDELINES
*️⃣Cancelled Cheque for NEFT
For any Enquiry, please call
Kanchan Maurya
9594370010
