How much premium will you pay for indemnity-type Covid Kavach health insurance?

As mandated by insurance regulator, Irdai, several general and health insurers have now come up with the standard Covid-specific indemnity plan, Corona Kavach, while not everyone has come out with the optional benefit-based plan, Corona Rakshak.

The Covid Kavach is an indemnity type insurance plan that is available for individuals and families. It will offer sum insured of up to Rs 5 lakh for hospitalisation expenses related to Covid-19. The policy will cover consumables such as PPE kit, gloves, mask and other similar expenses incurred during treatment of coronavirus. The plan also covers ventilator and ICU charges, as well as the cost of oximeter and oxygen cylinder. The cover can be taken for oneself, spouse, parents, parents-in-laws and dependent children up to the age of 25.

Here are some insurers’ premium rates for a 35-year-old man for a Rs 5 lakh plan.