Liberty Corona Rakshak Health Insurance
Cashless Approval TAT | Within 90 minutes |
Claim Settlement Ratio | 98% |
COVID-19 Cover | yes |
Network Hospitals | 6,000 |
Pre-existing Disease Waiting Period | 2 years |
Renewability | yes |
Starting Premium of Rs. 5 lakhs SI | Rs. 526/month |
About Liberty Corona Rakshak Health Insurance
Corona Rakshak Policy, Liberty General Insurance Ltd. is a benefit-based insurance policy that covers you and your family for additional expenses arising due to hospitalisation required due to a positive diagnosis of COVID-19. If covered under the policy, you will be paid a lump sum amount equal to 100% of the sum insured if the insured gets hospitalised for at least 72 hours. The policy can be purchased by people aged between 18 years and 65 years for sum insured options of Rs. 50,000, Rs. 1 Lakh, Rs. 1.5 Lakh, Rs. 2 Lakh, and Rs. 2.5 Lakh.
Corona Rakshak Policy, Liberty General Insurance Ltd. is a short-term policy that can be bought for 3.5 months, 6.5 months, or 6.5 months. The policy comes without any deductible or co-payment clause, which means that you would not be required to share any expenses at the time of claim. To avail of coverage benefits under the policy, you are required to complete a waiting period of 15 days, which will be calculated from the date of commencement of the policy.
Note that you can buy the cover only on an individual basis.
Also read: COVID 19 Insurance
Health Insurance Calculator
Whom do you want the insurance for ?
Select the age of all members
- You
Where do you live ?
Choose required Coverage for yourself?
Key Inclusions and Exclusions of the Plan
What's Included
- Lump-sum benefit equal to 100% of the sum insured on positive diagnosis of COVID-19 that requires at least 72 hours of hospitalisation
- Sum insured options ranging between Rs. 50,000 to Rs. 2.5 lakh
- People aged between 18 years and 65 years can be the Proposer of the Corona Rakshak Policy by Liberty insurance company.
- No co-payment clause
- Policy tenures of 3.5 months, 6.5 months, and 9.5 months
What's Not Included
- Any COVID-19 related claim that is manifested during the waiting period or before the commencement of the Corona Rakshak policy
- Admission for the purpose of investigation and evaluation
- Any treatment apart from COVID-19 is not covered
- Testing done at a center that is not authorized by the government
- Expenses incurred if the insured person travels to a country placed under travel restriction by the Government of India
Choose Liberty Plan for
Claim Process at Liberty Health Insurance
FAQs on Corona Rakshak Policy Health Insurance Plan
-
-
What are the policy term options available under Corona Rakshak Policy, Liberty General Insurance Ltd.?
Corona Rakshak Policy, Liberty General Insurance Ltd. is a short term policy that comes with tenure options of 3.5 months, 6.5 months, or 9.5 months.
-
What am I covered for under Corona Rakshak Policy, Liberty General Insurance Ltd.?
Corona Rakshak Policy, Liberty General Insurance Ltd. provides you a lump sum benefit equal to 100% of the sum insured on a positive diagnosis of COVID-19 if it requires hospitalisation for at least 72 hours.
-
What is the eligibility for Corona Rakshak Policy, Liberty General Insurance Ltd.?
Corona Rakshak Policy, Liberty General Insurance Ltd. can be bought by people aged between 18 years and 65 years. The Proposer with higher age can get policy for adult family members, without covering self.
-
Can I avail tax benefits on the premium paid for this policy?
Yes. You can avail tax benefits on the premium paid for Corona Rakshak Policy, under Section 80D of the Income Tax Act, 1961.