IRDAI extension of timelines for sale and renewal of short term Covid specific health insurance policies


Quick Summary
The Insurance Regulatory and Development Authority of India (IRDAI) has extended the timelines for offering and renewing short-term Covid-specific health insurance policies. This extension applies to policies like Corona Kavach and Corona Rakshak, allowing them to be sold and renewed up to 30th September 2021. All other terms and conditions remain as previously stated.

Insurance Regulatory and Development Authority of India CIRCULAR Ref. No: IRDAI/HLT/REG/CIR/061/03/2021 24thMarch, 2021 To All Life, General and Stand Alone Health Insurers (Except AIC and ECGC) Re: Extension of timelines for sale and renewal of short term Covid specific health insurance policies 1. Reference is invited to the short term Covid specific health insurance policies permitted to be offered by all Insurers. 2. In partial modification of Clause 5 of Guidelines o
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FAQ :

The circular extends the deadlines for the sale and renewal of short-term Covid-specific health insurance policies.

These policies can be offered and renewed up to 30th September 2021.

The extension applies to Corona Kavach Policies and Corona Rakshak Policies, among other short-term Covid-specific health policies.

No, all other terms and conditions remain valid as specified under the respective guidelines.

 

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