Corona Rakshak Policy, Star Health and Allied Insurance Co Ltd.

In light of the coronavirus pandemic, Star Health Insurance continues its commitment to offering protection plans that not only provide crucial financial support but also encourage a wholesome approach to wellness.

Corona Rakshak is a popular individual benefit-based policy designed to support customers in the eventuality of being diagnosed as Corona positive. It is a short-term policy designed to pay out a lump sum amount if you are admitted to the hospital for at least 72 hours continuously, thus financially supporting you and your family when most needed. By taking the Corona Rakshak policy from Star Health Insurance, you can focus on your health and recovery without worrying about medical expenses disturbing your finances. 

Star Health Insurance Co. Ltd. offers Corona Rakshak Policy in line with the directives issued by the IRDAI. One of the biggest benefits of the Corona Rakshak policy is that it provides 100% of the Sum Insured as a payout upon a positive diagnosis of COVID-19. Corona Rakshak Health Insurance is a testimony to our commitment to support your financial needs during times of planned and unplanned medical and hospitalisation expenses.

In addition to hassle-free claims, you enjoy distinct benefits for choosing a Star health Insurance policy in the form of thoughtfully designed product features.

• Single-Premium Payment 
  
  The Corona Rakshak policy comes with the benefit of a single premium payment as this is a short-term cover. 
• Lump-sum payout
  
  Having the Corona Rakshak Health Insurance Plan by your side ensures that a positive COVID-19 diagnosis does not affect your income. You receive a 100% lump sum payment to ensure you have one less thing to worry about on your road to recovery. 
• Choose your sum insured  
  
  The Corona Rakshak policy comes with the flexibility to choose your own sum insured. You can opt for a sum insured ranging from a Minimum of Rs.50,000/- to a Maximum of Rs.2,50,000/- (in multiples of Rs.50,000/-). The payout can be used for meeting expenses during Covid-19 related hospitalisation.  
• Choose your tenure 
  
  Although, Corona Rakshak policy is a short-term plan, it offers options of policy durations of 3 ½ months, 6 ½ months and 9 ½ months (No Annual policy term).
• Minimal waiting period 
  
  When time is of the essence, Corona Rakshak Policy can be a true protector. Hospitalization expenses for Coronavirus are covered under the policy after a waiting period of only 15 days.  
• Age limit
  
  This policy aims to offer protection to as wider an audience as possible. Anyone between the ages of 18 to 65 is eligible to get protected under the Corona Rakshak policy.

If you think - “I don’t want Medical Insurance for Covid-19”, then you simply have to read on.  

1. An intense second wave across the world has made it risky even to step out of homes increasing the vulnerability to Covid-19 infections.
2. As a result of being unable to cope with the lack of resources and continuous lockdowns, young adults have reported depressive symptoms like stress and anxiety in 2021. 
3. Covid-19 has hindered the Indian Economy and as a result, many are unable to cover even basic living expenses. Getting a medical insurance policy at this time ensures that at least a part of medical expenses will be taken care of. 
4. A lesser-known fact is that covid-19 can not only affect one’s health during the course of the infection but also can have long-term effects requiring longer term treatment resulting in higher expenses. Again, a Mediclaim policy is the best protection against such expenses. 
5. A surge in Medical costs due to additional sanitization and safety protocols is making treatments unaffordable for most people. A Mediclaim policy is the best foil to this situation. 

Star Health Insurance remains committed to protecting the health of Indians in a convenient and affordable way. That’s why you will find every little detail about the Corona Rakshak Policy on our website along with its brochure and all policy terms. Once you are ready to buy the policy, you have to simply contact your closest Star Health Insurance branch and our advisor will take care of the rest. 

What factors should be considered before buying the Corona Rakshak policy 

We understand that buying a Covid-19 protection medical insurance policy can be confusing. To help make this process easy and simple, we have listed below the points to be considered. 

Perhaps, you’re not currently insured or maybe you’re looking for something more affordable. Whatever your situation, Star Health Insurance is always by your side. Here are a few tips to help you buy the right Corona Rakshak coverage depending on your unique priorities.

• Pick the right sum insured
  
  Choose a sum insured option that you feel will sufficiently cover your medical expenses in an eventuality. Do consider the surging health care expenses and the rate of inflation while deciding how much coverage you need. A tip we can offer is to avoid opting for a low sum insured just to save on your premium. Your sum insured should always be based on your age, your healthcare requirements, and the number of people covered in your health insurance policy.
• Cashless settlement
  
  Your main concern should be recovering or nursing a loved one back to health and not finding the hospital that offers the best treatment. So, choose a hospital with a wide network coverage. When you choose Star Health Insurance, you are opting for a network hospital base of 11,000+ which will ensure that you get good quality healthcare at a closer location. 
• Start Young 
  
  Subsequent Covid-19 waves have shown that all age groups are susceptible to the virus. We suggest not wait too long to buy health insurance for Covid-19 protection.