ISSUERS OF CORONA KAVACH POLICY

  Plan is same , but Premiums are different 

No one should have to choose between medicine and other necessities. No one should have to use the emergency room every time a child gets sick. And no one should have to live in constant fear that a medical problem will become a financial crisis.
                                                                                 -   Brad Henry

INSURANCE COMPANIES ISSUING CORONA KAVACH POLICY

23.07.2020 :     IRDAI   announced a new  standard  indemnity based  health insurance  policy  called  Corona Kavach policy exclusively covering  Covid-19  patients   in the first week of July 2020  . Since then 30 insurance companies  have    got permission to launch Corona Kavach  Policies  .  We give below  the list of  such insurance companies    and you can reach their websites  by clicking on them 

 To know the benefits  , inclusions , exclusions   and  other terms and conditions CLICK HERE 
We have compared  the premiums     quoted by various   insurance companies   and  you may  get a glimpse  of it , by CLICKING HERE 

INSURANCE COMPANIES ISSUING CORONA KAVACH POLICY

  Dated 11.07.2020  : Now the Authority had issued clearance to the following 30 General and Health Insurance companies to market this Corona Kavach Policy. You can click on the name to reach their websites / Brochures . 
 
Sl. No        Name of Insurer

1                 Acko General Insurance Ltd.

2.              Aditya Birla  Insurance Co Ltd

3               Bajaj  Allianz General Insurance co ltd 

4              Bharti AXA  Life Insurance co ltd

5             Cholamandalam  MS General Insurance co ltd

6              Edelweiss Tokio   Life Insurance co ltd
​
7              Future Generali General Insurance co ltd

8              Go Digit General Insurance co ltd 

9              HDFC Ergo General Insurance co ltd

10              HDFC Ergo Health  Insurance co ltd

11             ICICI Lombard General Insurance co ltd

12             IFFCO – Tokio General Insurance co ltd

13            Kotak Mahindra General Insurance Co. Ltd.

14            Liberty  General Insurance co ltd

15            Magma HDI General Insurance Co. Ltd.

16           ManipalCigna Health Insurance Company Limited

17          Max Bupa Health Insurance co Ltd 

18            Navi General Insurance Ltd.

19           National Insurance  co Ltd

20           Raheja QBE General Insurance co ltd

21            Reliance General Insurance co ltd

22           Religare  Health Insurance co ltd ​

23           Royal Sundaram General  Insurance co ltd

24          SBI  General Insurance co ltd

25           Star  Health  & Allied Insurance co Ltd

26            TATA-AIG General Insurance co ltd 

27           New India Assurance co Ltd

28            The Oriental Insurance  co Ltd

29           United India Insurance  co Ltd

30         Universal Sompo General Insurance co ltd

To view the IRDAI  Press Release  dated 10.07.2020 , CLICK HERE 

NEW ARTICLE       

                                                       SECURING  HEALTH     FOR SENIOR CITIZENS 
 
                                                                              WITH OR WITHOUT ENTRY AGE RESTRICTION   


TO  READ THE ARTICLE                                                         CLICK HERE 


TO GET ANSWERS FOR FAQs on MANAGEMENT  OF POLICIES ,    CLICK HERE 
​​

DO YOU KNOW ? 

From   a  report  of  Sample Survey Office ,  it is revealed that   80 percent of Indians , who mainly rely up on  private   health care ,   do not  have any medical insurance .  The government has brought   only about 12 %  of population under  health protection schemes like   Rashtriya Swasthya  Bima Yojana . In  the absence of health insurance  , 75 % of Indians  use their hard earned savings  while  18% have to borrow . In order to escape from financial gloom  in the events of  medical emergencies , one has to    definitely require some form of Health insurance .       

 KNOW  ABOUT  TAX ON RETIREMENT BENEFITS   , CLICK HERE 

FOR INCOME TAX NEWS    , CLICK HERE      NEWS ON INTEREST RATES  CLICK HERE  

​ARTICLE ON INVESTMENT OPTIONS  FOR RETIREES  ,   CLICK HERE      WHAT IS SYSTEMATIC INVESTMENT PLAN  ?    CLICK HERE   
​FOR DETAILS ON AAYKAR SETHU ,
         NEW MOBILE APPLICATION FROM INCOME TAX DEPT , CLICK HERE                                                                                  
                                                                       NEW  ARTICLES ON    
                                                                       
 SMALL FINANCE BANKS                                                                       PAYMENT  BANKS      
                                                                         
UNIFIED  PAYMENT INTERFACE                                                              BHARAT BILL PAYMENT SYSTEM   

        BHIM APP                                                                                             AADHAR    

                                                    e-INSURANCE   Account (   eIA  )     

WHAT IS NEW ON PLAN N PROGRESS ?      ​

​
TAX BENEFIT UNDER  SECTION 80D OF INCOME TAX ACT 

Deduction allowed  on  Medicliam   Policies under 80 D is Rs. 50,000/- for senior citizens and up to Rs. 25,000/-  for   others  from the financial year  2018-19 .  For senior citizens , if no insurance amount is paid ,  hospital expenditure up to Rs 50,000 is allowed .  An assessee can claim additional Rs 50,000 for his / her parents   if they are senior citizens and   Rs 25,000 in other cases .  Overall claim cannot exceed Rs 1,00,000 . All payments should have been made in any mode other than cash . Cost of preventive  health check up up to Rs 5,000  can be claimed within the overall limit and it could have been made in cash also . 

​ISSUERS OF HEALTH  COVERS 


 Mediclaim  policies are issued by specialized Health / Medical Insurance companies ,  Life Insurers as well as General Insurers .     To get the list and visit their websites , Click Here

   ARTICLES ON    

​INSURANCE                LIFE INSURANCE                   HEALTH INSURANCE                 VEHICLE INSURANCE          HOUSEHOLD INSURANCE
                                                                       
 SMALL FINANCE BANKS          PAYMENT  BANKS         UNIFIED  PAYMENT INTERFACE                      BHARAT BILL PAYMENT SYSTEM   

                                                 BHIM APP                                                                                             AADHAR