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Difference Between Corona Kavach Policy and Corona Rakshak

Team AckoFeb 20, 2025

To help people protect themselves from the rising costs of Covid-19 treatment, Insurance Regulatory and Development Authority (IRDAI) approved two Covid-19 health insurance policies, namely Corona Rakshak and Corona Kavach health insurance policy. The Corona Kavach health insurance is an indemnity insurance policy, while the Corona Rakshak is a benefit-based policy. Therefore, the coverage, benefits, and features of these Covid-19 health insurance policies differ.

Contents

Corona Kavach Policy vs Corona Rakshak Covid-19 Insurance
Frequently Asked Questions
Plan Your Future with Life Insurance

Corona Kavach Policy vs Corona Rakshak Covid-19 Insurance

Below is a detailed guide on the differences between the two basic coronavirus health insurance policies.

Features	Corona Kavach	Corona Rakshak
Coverage	Family Floater to include your spouse, two dependent children (age max 25 years) and parents	Individual
Hospitalisation	Minimum of 24 hours to get medical expenses reimbursed	Minimum of 72 hours to get the benefit
Types of Cover	Indemnity plan	Fixed benefit plan
Sum Insured	Rs. 50,000 to Rs. 5,00,000, in multiples of Rs. 50,000	Rs. 50,000 to Rs. 2,50,000, in multiples of Rs. 50,000
Premium Cycle	Single premium amount	Single premium amount
Tenure	3.5 months (105 days), 6.5 months (195 days), 9.5 months (285 days)	(105, 195, 285 days)
Compensation	Based on hospitalization bills	One-time settlement which is 100% sum insured amount
Eligibility	Minimum 18 years, Maximum 65 years	Yes
Deductibles	No deductibles	NA
Pre-Existing Diseases	Comorbidity and pre-existing comorbidity condition(s) are covered	Yes
Waiting Period	15 Days	15 Days
Add-on Cover	Yes	NA

Frequently Asked Questions

What is the main difference between Corona Rakshak and Corona Kavach policy?

Corona Kavach is an indemnity plan. Meaning, if you are tested Covid-19 positive by any of the government authorised testing centers and hospitalised for at least 24 hours, you can reimburse the hospital bill amount up to the maximum sum insured amount. In the case of Corona Rakshak policy, since it is a fixed benefit plan, you get a lump sum amount (which is 100% of the sum insured amount) upon being diagnosed with Covid by any of the government authorised testing centers and hospitalised for at least 72 hours.

What is the sum insured amount under Corona Kavach and Corona Rakshak policy?

In Corona Kavach, the sum insured is a minimum of Rs. 50,000 and a maximum of Rs. 5,00,000, in multiples of Rs. 50,000. In the case of Corona Rakshak policy, the sum insured is a minimum of Rs. 50,000 and a maximum of Rs. 2,50,000, in multiples of Rs. 50,000.

Can I include my family members under both the Corona health policies?

Yes, you can include your family members i.e., spouse, two children, and parents under Corona Kavach policy. However, since Corona Rakshak policy is an individual plan, you cannot include your family members under this plan.

Is there any add-on cover in Corona Rakshak policy?

Unlike Corona Kavach policy, there is no add-on cover in Corona Rakshak policy.

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Disclaimer: The content on this page is generic and shared only for informational and explanatory purposes. It is based on industry experience and several secondary sources on the internet; and is subject to changes. Please go through the applicable policy wordings for updated ACKO-centric content and before making any insurance-related decisions.

Plan Your Future with Life Insurance

Just as health insurance is essential for safeguarding the well-being of your family by covering unforeseen medical costs, life insurance protects their long-term finances in emergencies.

Life insurance is a vital step in ensuring your family’s financial stability. Plans like term insurance are excellent choices if you are seeking cost-effective coverage. A 1 crore term insurance plan provides great financial stability at a low cost. If you’re considering purchasing a term plan, ensure to use a term life insurance premium calculator to make informed decisions. This tool allows you to find the right coverage and calculate premiums based on your budget and lifestyle, making the procedure simple and hassle-free.