A standard COVID-specific product was launched as ‘Corona Kavach Policy’ in the year 2020 to address basic health insurance coverage for public ranging from
[amp_mcq option1=”₹50,000 to ₹5,00,000″ option2=”₹60,000 to ₹6,00,000″ option3=”₹70,000 to ₹7,00,000″ option4=”₹75,000 to ₹7,75,000″ correct=”option1″]
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UPSC Combined Section Officer – 2019-20
The Insurance Regulatory and Development Authority of India (IRDAI) mandated general and health insurers to offer a standard COVID-specific health policy named ‘Corona Kavach Policy’ in 2020. This policy was designed to cover the basic health insurance needs related to COVID-19, offering sum insured options ranging from ₹50,000 up to ₹5,00,000 (in multiples of fifty thousand rupees).
Corona Kavach was a standard, affordable health policy specifically for COVID-19 treatment.