| Insurer | Eligibility
Age |
No Travel | Benefit Type | Sum Insured | Premium
(Rs) |
Other Benefits |
| Digit Group Policy
(with Flipkart) |
18-60 Yrs | Last 30 days | Indemnity | 3L &
1L |
1267
511 |
1. 30& 60 Days pre & post Hospitalization
2. No room rent capping 3. Ambulance Assistance 1% |
| ICICI
(with PhonePe & Flipkart) |
18-75 Yrs | After 31st Dec 2019 | Lumpsum | 25K | 159 | 1. 4 free teleconsultations
2. Health Assistance Benefit 3. Ambulance Assistance |
| Bajaj
(with PhonePe) |
Below
55 Yrs |
Last 30 days
15 days waiting |
Indemnity | 50K | 199 | 1. 30-30 days pre & post |
| Reliance | 3M-60 yrs | Last 45 days | Lumpsum | 25k
to 2L |
225
2212 |
Addon Benefits:
1. Loss of Pay 2. Quarantine expenses (50% of SI) 3. Travel exclusion waiver. 4. Loss of Job |
| Star | 18-65 Yrs | N/A | Lumpsum | 21K &
42K |
542
1083 |
None |
| Aegon Life | 18-50 Yrs | Last 45 Days | Indemnity | 50K to 1L* | 903
1805 |
COVID is an Additional benefit on Term life cover. 24 Hrs Hospitalization is compulsory. |
Digit Policy Explanation: It’s a group policy.
ICICI Group Health Policy Explanation: *Health Assistance Benefit: Health Assistance Team will help you in identifying a Specialist or Hospital, fixing an appointment, information about the ailment and possible lines of treatment, suitable network providers, and appointment for a second opinion if required.
The above assistance for information is free but you need to pay if any of the services are availed.
Reliance group health insurance policy explanation:– If tested positive: 100%
– If not tested positive but quarantined for a minimum of 14 days: 50% of SI under Quarantine Add on the cover. Self-quarantine is not covered.
– Having a loss of pay due to quarantine and for a minimum of 14 days to a maximum of 30 days.
– Lost Job because of being diagnosed with Covid-19 or being quarantined due to COVID-19. 50% of SI for each opted number of months specified in the certificate, max up to 3 months. If employed in between, then the cover is terminated.
The above add-on benefits are available for 2L SI only.
Star Policy Special points: Claim is admissible on testing positive and only on hospitalization.
Aegon Policy Special Points: This policy is a combination of normal term insurance along with medical benefit limited to Covid-19 hospitalization.
The premium chart and further SI options are as below.
| Term Life Sum Insured | COVID Hospitalization SI | Premium incl GST |
| 5L | 50K | 903 |
| 10L | 1L | 1805 |
| 25L | 1L | 3737 |
| 40L | 1L | 5669 |
When compared to other life insurance plans this is reasonably low in premium for the life cover available along with Covid-19 hospitalization. The life cover under this covers death due to any reason.
It truly depends on what insurance you already have to understand which Covid-19 insurance will suit you the best. Hence it is advisable to connect with an insurance broker to know the right match for you.
