1. Reference is invited to the short term Covid specific health insurance policies permitted to be offered by all Insurers.

2. In partial modification of Clause 5 of Guidelines on introduction of short term health insurance policies providing coverage for COVID-19 specific diseases of Circular ref.no: IRDAI/HLT/REG/CIR/156/06/2020 dated 23.06.2020 all insurers are permitted to offer and renew short term Covid specific health policies up to 30.9.2021.

3. Accordingly, Corona Kavach Policies offered as per Guidelines on Covid Standard Indemnity based Health Policy of Circular ref no. IRDAI/HLT/REG/CIR/163/06/2020 dated 26.09.2020 and Corona Rakshak Policies offered as per Guidelines on Covid Standard benefit based Health Policy of Circular ref no. IRDAI/HLT/REG/CIR/164/06/2020 dated 26.06.2020 are permitted to be offered and renewed by all insurers up to 30.9.2021.

4. All other terms and conditions remain valid as specified under the respective guidelines.

5. This has the approval of competent authority.

Series Navigation<< Blood test not necessary for insurance company to reject claim over drunken driving: SCHealth Insurance Claims Settlement >>

Author

This entry is part 17 of 19 in the series May 2021 - Insurance Times

Byadmin

Leave a Reply

Your email address will not be published. Required fields are marked *