images
Corona-banner-d
Sticky Tab

FAQs for Shriram Life Insurance Corona Rakshak Policy

Is the Shriram Life Corona Rakshak Policy a life insurance or a health insurance plan?

The Shriram Life Corona Rakshak Policy is a corona health insurance plan. It protects you from the huge expenses associated with medical treatment for COVID-19.

What will happen if I file a claim during the waiting period for the Corona health insurance policy?

Any claim filed during the waiting period of the Corona health insurance policy will not be accepted by the company.

 How long do I have to submit a claim under the Corona insurance plan?

Under the Corona insurance pan, claims should be intimated to the company within 15 days from the diagnosis of COVID-19.

How do I buy Corona insurance in India?

You can easily buy the Corona Rakshak Policy online by simply paying the premium.

Am I eligible for tax benefits under the Corona Rakshak Policy?

 You are eligible for tax benefits under the Corona Rakshak Policy as per the provisions of the Income Tax Law.

 What is the focus of the Corona Rakshak Policy?

The Corona Rakshak Policy has been designed to provide financial protection to the insured person against the medical treatment costs of COVID-19.

Do I require a medical check-up to apply for the corona insurance plan?

A medical checkup is not required when applying for the corona insurance plan.

When will the Corona Rakshak Policy terminate?

The Corona Rakshak Policy will terminate in the following cases:

  • The demise of the insured person
  • Upon settlement of 100% of the sum insured as per the policy terms.

Disclaimer

For more details on risk factors, terms, and conditions please read the sales brochure carefully before concluding a sale.  

*Tax Benefits:  
Tax benefits are as per Income Tax Laws & are subject to change from time to time. Please consult your Tax advisor for details.  
You are eligible for Income Tax benefits/exemptions as per the applicable income tax laws in India, which are subject to change from time to time.

IRDAI Regn No: 128  
CIN No : U66010TG2005PLC045616 of the Company

The Trade Logo displayed above belongs to Shriram Value Services Limited (“SVS”) and used by Shriram Life Insurance Company Limited under a License agreement.”

BEWARE OF SPURIOUS PHONE CALLS AND FICTIOUS/FRADULENT OFFERS

  • IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.