Corona Insurance Policy - Buy COVID-19 Insurance Cover Online | SBI Life Corona Rakshak
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Corona Rakshak Policy, SBI Life Insurance Co. Ltd.

UIN: 111N111V01

Product Code: 2L

Corona Rakshak Policy, SBI Life Insurance Co. Ltd.

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to your Finances

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Individual, Non-linked, Non-participating, Health Insurance, Pure Risk Premium product

Corona Rakshak Policy, SBI Life Insurance Company Ltd. provides for a lump-sum benefit payout, equal to 100% of Sum Insured, on hospitalization for a minimum continuous period of 72 hours, on positive diagnosis of COVID. This is a one time benefit applicable for the entire term of the policy. This product is also available for sale online

Key Features :
  • Simplified issuance with no medical examination.
  • Choose your policy term from 3.5 months (105 days), 6.5 months (195 days) or 9.5 months (285 days).
  • Cover starts with a Minimum Premium of Rs. 156.50 and upto Maximum Premium of Rs.2,230

Highlights

Corona Rakshak Policy, SBI Life Insurance Co. Ltd.

Individual, Non-linked, Non-participating, health insurance Pure Risk Premium product

Buy Online

This is how 35-year old Ashish will be financially prepared against Corona

Change the form fields below and see how you can be prepared with Corona Rakshak Policy,SBI Life Insurance Co. Ltd

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Features

  • 100% lumpsum pay-out benefit of Sum Insured.
  • Simplified issuance with no medical examination.
  • Choose your policy term from 3.5 months (105 days), 6.5 months (195 days) or 9.5 months (285 days).
  • Cover starts with a Minimum Premium of Rs 156.50 and upto Maximum Premium of Rs 2,230.

Advantages

Simplicity

  • Easy and hassle free issuance process
  • Claim payouts are independent of the nature/ amount of expenses incurred

Flexibility

  • Choose your policy term from 3.5 months (105 days), 6.5 months (195 days) or 9.5 months (285 days).

Security

  • Ensure your financial security through lump sum payout
Affordability
  • A perfect fit in your financial planning with reasonable premium

On positive diagnosis of COVID requiring hospitalization for a minimum continuous period of 72 hours:


Events How and when Benefits are Payable Size of such benefits/policy monies
Hospitalization

On hospitalization for a minimum continuous period of 72 hours, on positive diagnosis of COVID. The positive diagnosis of COVID shall be from a government authorized diagnostic centre.

Lump sum benefit equal to 100% of Sum Insured shall be payable and the policy terminates
Death No death benefit available Nil
Maturity No maturity benefit payable Nil
Surrender No surrender benefit Nil
Lapse No lapse benefit Nil

 

For more details on risk factors, terms and conditions of Corona Rakshak Policy, SBI Life Insurance Co. Ltd., read the following documents-
Corona Rakshak Policy, SBI Life Insurance Co. Ltd.
**All the references to age are age as on last birthday.

NW/2L/ver1/02/22/WEB/ENG

For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding a sale.

*Tax Benefits:

You are eligible for Income Tax benefits/exemptions as per the applicable income tax laws in India, which are subject to change from time to time. For further details click here. Please consult your tax advisor for details.