Edelweiss Tokio Life Insurance has launched Covid Shield+, a single-disease cover that combines a critical illness (CI) benefit and a term cover. Standard Covid-specific policies like Corona Kavach and Corona Rakshak already exist. So, evaluate the pros and cons of this new policy to see if it suits your needs.
How it works:
Covid Shield+ has a small base cover, equal to 1.25 times the premium. Once a person who has this policy is diagnosed with Covid-19, the enhanced sum insured, which can range from Rs 25-50 lakh, is triggered. If after the diagnosis the person dies during