About Star Health Novel CoronaVirus Insurance Plan

The Coronavirus pandemic is affecting the whole world including India. With more than five thousand people infected and the country under lockdown, there is a lot of apprehension about this virus infection. People are concerned about their health and worried about being infected by the virus. Corona infection needs hospitalization and its treatment can be expensive. This is why Star Health Insurance has introduced the Star Novel Coronavirus (nCov) (COVID 19) Insurance policy.

This is a health insurance policy released as a pilot product from one of India's leading health insurers. The policy provides coverage for treatment for COVID-19 infection. Anyone who is worried about the infection or its expenses should buy the coronavirus insurance policy offered by Star Health.

Eligibility

This policy is available for all those in the age group of 18 to 65. It is an individual policy issued based on sum insured basis only. One person can take only one policy. Dependent children in the age group of 3 months to 25 years can be covered with one parent under this policy.

Features & Benefits of the plan

The Star Novel Coronavirus (nCOV) (COVID-19) insurance policy is one of its kind policy and is specially designed to offer coverage against the deadly viral infection. The plan has many unique features that include:

• The policy provides a lump sum payment as a benefit to the policyholder who has contracted Coronavirus COVID-19 and has had to undergo hospitalization.
• There is a waiting period for the policy, which is 16 days from the commencement date of the policy.
• There is no medical screening or testing requirement for applicants.
• A free look period is available from the company, whereby people can take this product and have a free look for a period of 15 days. During this period, they can go through the policy terms and conditions. If for any reason, they are not satisfied, they can return the policy and get a refund. The refund is given subject to the insurer deducting any charges spent for medical examination of the insured person or stamp duty fee. If the risk has already commenced, then an amount proportionate to the number of days risk cover extended shall be deducted before refund. The refund is applicable only if no claim has been made. Refunds are applicable only for the purchase of the policy and not for renewal.
• Tax benefit under Section 80 D of Income Tax Act is available for premium paid for obtaining this policy.

How Can You Buy CoronaVirus Insurance Policy Online?

Due to COVID-19, people are in a hurry to stabilize their daily routines and get adequate protection against the infection. If you are someone who wants to buy COVID-19 policy without wasting much time, then you should take the help of PolicyX.com. Their buying process is well-known in the market for utmost convenience and it hardly takes a couple of minutes to choose and pay for the policy. Let' s take a look at it.

• Scroll-up to the top of this page and look to the right-hand corner.
• Fill the necessary details in the form and click on 'Continue' .
• Enter your phone number, city and click on 'Proceed' .
• Quote section of the plans will pop on your screen. Choose 'Star Novel Policy' and click on 'Buy this plan' .
• Enter the required information and click on 'Save & continue' .
• Pay the premium of the policy and the soft copy of the policy will be sent to your mail.

Star Novel Coronavirus Insurance Policy Premium chart

The Star Novel Coronavirus (nCOV) (COVID 19) Insurance policy is presently available under two options for sum insured and the premium table for this plan is as follows:

One can choose either of the two plans available at present.

What Is Included/Excluded In This Plan?

Inclusions:

The policy includes treatment for infection by Novel Coronavirus (nCOV) (COVID-19) and subsequent hospitalization. The policy covers the insured person and one dependent child for a period of one year.

Exclusions

The following are exclusions of the policy and payments will not be made for any of the following:

1. Claims for the disease contracted prior to the commencement of the policy shall not be admissible.
2. If the policyholder has travelled outside India during the policy period, claims are not admissible.
3. For a claim to be made, hospitalization is required.
4. Claims for any other illness other than COVID-19 will not be entertained.

Star Novel Coronavirus (COVID-19) Policy Claim Procedure

Claims against the policy can be made by the insured person or anyone else on his/her behalf by following the claims procedure.

• The claim form needs to be filled in and submitted online or by mail. All forms needed can be downloaded from the website of Star Health.
• The claim must be submitted within 15 days of the notification of the claim.
• The claim form must be accompanied by a diagnostic report confirming that the insured person was infected with Coronavirus COVID-19. Reports given by a government-authorized testing centre will only be accepted.
• Any other medical documents required needs to be submitted.
• A copy of Aadhar card or Govt. issued ID card needs to be submitted.
• Once the form is received, it will be processed and on approval, the lump sum amount paid.