Covid Rakshak Policy and the Corona Kavach are both covid-specific health insurance plans, but they have some clear cut differences. TheCorona Rakshak or the Covid Rakshak Policy comes as a benefit-based plan, this means that when the policyholder is diagnosed with Covid and requires hospitalisation for over 72 hours, he would receive 100% of the sum insured that he has opted for. On the other hand, in the case of the Corona Kavach Policy, it is an indemnity plan that would pay the medical bills of the policyholder when he is hospitalised due to Covid for 24 hours or more.