You probably know that regular health insurance policies are available for a period of one year. However, short-term health insurance plans are those that are valid for less than 12 months, usually they have a policy tenure of between 3 to 6 months.
These plans cover essentials during an emergency like hospitalization, ICU charges, and ambulance costs, and do not have a large premium. Thus, it is a good option for those looking to fill a temporary gap in health coverage, for example between jobs, or while in the process of porting their main health insurance policy. It is also beneficial for Non-Resident Indians (NRIs) and students who require coverage for short periods of time.
Another type of short-term health insurance is specific plans that cover specific health issues for a set period of time, usually up to 9 months, such as the Corona Kavach Policy and the Corona Rakshak Policy issued to cover treatment for COVID-19.