IRDAI (Insurance Regulatory and Development Authority of India) has come up with short term Health insurance plans, focusing the current epidemic (COVID-19). Name of the Plans are- Corona Kavach Policy and Corona Rakshak Policy. In this edition of Aasan Bhasha Mein (Financial explainer) we are explaining these policies in 2 episodes. First being generic and second being specific.

In this second episode we have tried to explain both the policies- Corona Kavach Policy and Corona Rakshak Policy. Feature, Premium, Where and how to buy, Sum assured, difference between both the policies and what are ‘benefit based plan’ and indemnity-based plan?