Magma HDI Corona Kavach Health Insurance

Magma HDI Corona Kavach Policy is an indemnity-based health insurance plan designed to shield you and your family against medical expenses incurred on the treatment of Covid-19. This plan is available on an individual or a floater basis with the sum insured options ranging between Rs. 50,000 and Rs. 5 lakh (in the multiples of Rs. 50,000). People between the age group of 1 day and 65 years can get the coverage under this plan, which may include relationships like self, legally wedded spouse, dependent children, parents, and parents-in-law.

This Corona Kavach Plan is available with three policy terms such as 3.5 months, 6.5 months, and 9.5 months, which can be availed only after a waiting period of 15 days. This policy brings several benefits such as in-patient-hospitalisation cover for Covid-19, AYUSH procedures, home care treatment, pre-hospitalisation and post-hospitalisation, etc. In addition to these, this plan also offers an add-cover known as hospital daily cash which can be availed only by paying off an additional premium. It provides 0.5% of the sum insured per day for up to 15 days.

Also read: Coronavirus Health Insurance