What is Corona Kavach, health Insurance recently launched during a pandemic?
IRDA – Insurance Regulatory and Development Authority is the regulatory body governing life insurance, general insurance, and health insurance companies. IRDA has taken an initiative for the welfare of the state by making mandatory for all insurance companies to bring an affordable health insurance plan for the citizen of India who could afford such health insurance cover – Carona Kavach.
What is Corona Kavach?
Corana Kavach is an indemnity Health Insurance that covers the basic hospitalization expenses related to Corana or Covid 19 disease. Indemnity policies cover actual expenses as specified by the terms and conditions of health insurance, medical expenses incurred on hospitalization due to diagnosis of presence of COVID-19.Add a comment Read more: Corona Kavach!