Circular regarding extension of timelines for sale and renewal of short Covid specific health insurance policies (dated – 13.09.2021) – IRDAI

• 15th, September 2021
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Circular regarding extension of timelines for sale and renewal of short Covid specific health insurance policies (dated – 13.09.2021) – IRDAI

• Reference is invited to the short term Covid specific health insurance policies permitted to be offered by all Insurers.
• In partial modification of Clause 2 of Circular ref.no: IRDAI/HLT/REG/CIR/061/03/2021 dated 24.03.2021, all insurers are permitted to offer and renew short term Covid specific health policies up to 31.03.2022.
• Accordingly, Corona Kavach Policies offered as per Guidelines on Covid Standard Indemnity based Health Policy of Circular ref no. IRDAI/HLT/REG/CIR/163/06/2020 dated 26.06.2020 and Corona Rakshak Policies offered as per Guidelines on Covid Standard benefit based Health Policy of Circular ref no. IRDAI/HLT/REG/CIR/164/06/2020 dated 26.06.2020 are also permitted to be offered and renewed by all insurers up to 31.03.2022.
• All other terms and conditions remain valid as specified under the respective guidelines.