Star Health Insurance Waiting Period For Covid 19

It offers cover to people from the age of 60 and allows the admission right up to the age of 75.
Star health insurance waiting period for covid 19. The outbreak of the novel coronavirus covid 19 has been in the news for months now. 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. The policy also comes with a free look period of 15 days for buyers. Payment will be made only on hospitalisation and report of positive diagnosis for novel corona virus ncov covid 19 from government authorised centre.
Rs 21 000 and rs 42 000 on individual basis. Sum insured options. Insurance under this policy shall cease upon payment of lump sum v waiting period. 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.
No pre acceptance medical check up is required. Insurance under this policy shall cease upon payment of lump sum. 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. The company shall not be liable to make any payment under this policy 1.
About star health insurance red carpet. An initial waiting period of 16 days is applicable from the date of commencement of this insurance. Star health corona kavach policy requires no pre acceptance medical screening. Star health senior citizens red carpet health insurance policy is a plan for senior citizens.
Star health insurance cancer care plan is for individuals who are diagnosed with cancer. 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. 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. 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.
Novel corona virus ncov covid 19 from government authorised centre. The coverage can be extended thereafter till lifetime. Premium paid against star health insurance cancer care plan is eligible for tax redemption u s 80d of the income tax act 1961. But you are required to complete an initial waiting period of 15 days in order to avail coverage benefits under the policy.