Star Health Insurance Waiting Period For Covid 19

Star health and allied insurance has launched its star novel coronavirus ncov covid 19 insurance policy to provide insurance cover to individuals for medical treatment in case of coronavirus infection.

Star health insurance waiting period for covid 19. Novel corona virus ncov covid 19 from government authorised centre. Star health corona kavach policy requires no pre acceptance medical screening. You can buy this policy for a term of 3 5 months 105 days 6 5 months 195 days and 9 5 months 285 days. About star health insurance red carpet.

With the latest figures shared by the world health organisation who currently the confirmed cases across the globe are 14 068 639 and have taken away the 466 666 lives so far as on 05 august 2020. Rs 21 000 and rs 42 000 on individual basis. Star health insurance coronavirus insurance the applicants are not required to go through any medical screening or testing to be able to claim the sum assured. The outbreak of the novel coronavirus covid 19 has been in the news for months now.

A person buying the policy would be eligible for the sum insured benefit if he she tests positive for the novel coronavirus covid 19 after 16 days of purchasing the policy and needs. It offers cover to people from the age of 60 and allows the admission right up to the age of 75. The coverage can be extended thereafter till lifetime. Star health insurance cancer care plan is for individuals who are diagnosed with cancer.

Insurance under this policy shall cease upon payment of lump sum v waiting period. Although most health insurance policies have waiting periods there are a few ways to potentially avoid them. Star health senior citizens red carpet health insurance policy is a plan for senior citizens. Insurance under this policy shall cease upon payment of lump sum.

Sum insured options. The federal families first coronavirus response act passed on march 18 2020 requires health insurance companies to waive cost sharing charges for fda approved covid 19 testing. These include changing policies but retaining a similar or lower level of cover and looking out for special offers that waive the waiting period. No pre acceptance medical check up is required.

It is the best way to care for your parents and other. Premium paid against star health insurance cancer care plan is eligible for tax redemption u s 80d of the income tax act 1961. The company shall not be liable to make any payment under this policy 1. An initial waiting period of 16 days is applicable from the date of commencement of this insurance.