Universal Sompo Corona Kavach Health Insurance Wordings

The relationships which can be covered under this insurance policy are self, legally wedded spouse, dependent children (i.e. natural or legally adopted) from 1 day of age to 25 years, parents and parents-in-law. However, financially independent children above the age of 18 years are not entitled to get coverage.

Yes, the policy acquires two types of sub-limits under the following benefits: 

• Hospital Daily Cash -  The medical expenses of 0.5% of sum insured per day subject to a maximum of 15 days in a policy period for every insured member are covered
• Home Care Treatment - The medical expenses are covered for maximum up to 14 days per incident. 

Under this health insurance plan, the pre-hospitalisation costs are covered for 15 days prior to the date of hospitalisation or home care treatment and the post-hospitalisation costs are covered for 30 days from the date of discharge from the hospital or completion of home care treatment.

Yes, you can earn the tax benefits Universal Sompo Corona Kavach Policy as per the section 80D of the Income Tax Act, 1961.