Covid-19 Health Insurance

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Dear Dimers,

       Anybody bought insurance against covid-19. Which company provides the best insurance option?
Please share your opinions.

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Please help soneone I also need a good covid 19 insurance

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Move this thread to dost and dime section @azzuridd @MJ911

There are 3 kind of Policies covering COVID-19

1. General health Insurance Policy
IRDAI directed all companies to cover COVID19 also in general health insurance policy so if you have that one then no need to buy separately. If not then buy from Companies like Bajaj Allianz, ICICI Lombard, Max Bupa with higher settlement rates. Go Digit is new startup and giving plans in lower rates than others.
Kindly note there is 30 days waiting period in all and same apply on COVID19. Also this policy only covers hospitalization cost and bills.

2. COVID Specific Insurance Policy
In March-April many companies were providing it but now only few give such service. You can buy those via tie up partners. This one covers hospitalization and medical expenses only for COVID19. Waiting period is just 15 days rather than 30 days in general health insurance policy.
On Flipkart GoDigit provide Covid Policy with upto 3 lakh cover @ 1500 , it is cheaper than general health insurance because it only covers COVID19.
On Paytm Reliance provide policy with upto 5 lakh cover @ 2500 but this one have capping on daily room rent (last i confirmed with support) so avoid it.
On Phone pe bajaj allianz provide upto 50000 cover so not sufficient.
On mobikwik also GoDigit provide same plans as of flipkart.

If you are karnataka bank account holder then this is the best option -
https://karnatakabank.com/Karnataka-Bank-launch...

3. Lumpsum Amount Policy
On Flipkart and PhonePe, ICICI Lombard provide this policy. In this if you are diagnosed covid positive then you will get fixed 25000rs as one time payment without any need of hospitalization. So this one is best for people who have mild symptoms or no symptoms and thus not hospitalized. But still need to buy some medicines at home, as they get recovered from disease at home itself without any difficulty. it costs only 159rs. Waiting period is same 15 days.

Now one more thing in 1st policy it costs huge amount for old aged people (really huge) so you can go for 2nd option. Otherwise people should always subscribe for general health insurance policy always to avoid huge bills and uncertainty.

Also at time of taking policy things to remember -
always clear all of your doubts with different agents because sometimes because of lack of knowledge or intentionally they give wrong info.
Best thing is to read policy related documents properly.
Must disclose pre existing disease (apply for general health insurance) which will be excluded for 2-4 years by them but in case of no disclosure they can deny your claim.
Must check the room offered by policy and daily room rent capping, prefer one which provide no capping on room rent and provide all categories room or at least single private AC room.
You can opt add on for daily hospitalization cash.

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My insurance company icici lombard already cover covid 19.But additionally bought from digit.

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Mirror wrote:

Move this thread to dost and dime section @azzuridd @MJ911

There are 3 kind of Policies covering COVID-19

1. General health Insurance Policy
IRDAI directed all companies to cover COVID19 also in general health insurance policy so if you have that one then no need to buy separately. If not then buy from Companies like Bajaj Allianz, ICICI Lombard, Max Bupa with higher settlement rates. Go Digit is new startup and giving plans in lower rates than others.
Kindly note there is 30 days waiting period in all and same apply on COVID19. Also this policy only covers hospitalization cost and bills.

2. COVID Specific Insurance Policy
In March-April many companies were providing it but now only few give such service. You can buy those via tie up partners. This one covers hospitalization and medical expenses only for COVID19. Waiting period is just 15 days rather than 30 days in general health insurance policy.
On Flipkart GoDigit provide Covid Policy with upto 3 lakh cover @ 1500 , it is cheaper than general health insurance because it only covers COVID19.
On Paytm Reliance provide policy with upto 5 lakh cover @ 2500 but this one have capping on daily room rent (last i confirmed with support) so avoid it.
On Phone pe bajaj allianz provide upto 50000 cover so not sufficient.
On mobikwik also GoDigit provide same plans as of flipkart.

If you are karnataka bank account holder then this is the best option -
https://karnatakabank.com/Karnataka-Bank-launch...

3. Lumpsum Amount Policy
On Flipkart and PhonePe, ICICI Lombard provide this policy. In this if you are diagnosed covid positive then you will get fixed 25000rs as one time payment without any need of hospitalization. So this one is best for people who have mild symptoms or no symptoms and thus not hospitalized. But still need to buy some medicines at home, as they get recovered from disease at home itself without any difficulty. it costs only 159rs. Waiting period is same 15 days.

Now one more thing in 1st policy it costs huge amount for old aged people (really huge) so you can go for 2nd option. Otherwise people should always subscribe for general health insurance policy always to avoid huge bills and uncertainty.

Also at time of taking policy things to remember -
always clear all of your doubts with different agents because sometimes because of lack of knowledge or intentionally they give wrong info.
Best thing is to read policy related documents properly.
Must disclose pre existing disease (apply for general health insurance) which will be excluded for 2-4 years by them but in case of no disclosure they can deny your claim.
Must check the room offered by policy and daily room rent capping, prefer one which provide no capping on room rent and provide all categories room or at least single private AC room.
You can opt add on for daily hospitalization cash.

Very informative request @admin to pin it if possible as it will help many ppl

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