Arogya Sanjeevani policy

Arogya Sanjeevani policy is a general health insurance policy introduced by IRDAI on April 1, 2020 provided by the top health insurance companies in India.


What is the policy of Arogya Sanjeevani?

Arogya Sanjeevani policy, a basic health insurance policy that provides medical / hospitalization costs of up to Rs. 5 lakh. The Insurance Regulatory and Development Authority of India (IRDAI) has authorized all health insurance companies to develop a basic & standard health insurance policy for both themselves and their families.
Arogya Sanjeevani Health Policy is global for all general insurance & health companies in India coming with few benefits. It covers the cost of pre- and post-hospitalization costs including accommodation, nursing fees, ICU and doctor's consultations and much more. Arogya Sanjeevani Health Insurance protects you and your family from financial liability in the event of any medical emergencies.


Benefits of Arogya Sanjeevani policy

The Arogya Sanjeevani policy was introduced with the aim of simplifying health insurance in India by providing basic & standard medical insurance with exactly the same coverage by all leading health insurance companies. It seeks to provide basic repayment insurance benefits to the policyholder in all income groups in India.


Arogya Sanjeevani Policy Eligibility Conditions

The Arogya Sanjeevani Health Insurance Policy can be accessed by anyone between the ages of 18 and 65 years. Under the Arogya Sanheevani Family Floater Plan, you can purchase this policy for foster children between 3 months and 25 years.

If your children are over 18 years old then they will not be covered under the family floating health plan. You need to purchase the same Arogya Sanjeevani Individual Health Plan.

Under the Family Floater Arogya Sanjeevani Health Policy, the policyholder may include his or her parents and in-laws. This policy comes with a lifetime of renewal.


Arogya Sanjeevani Policy Update

The Arogya Sanjeevani policy comes with a lifelong commitment. This means that the policyholder can renew his / her Arogya Sanjeevani Health Insurance Policy as long as he / she is still alive. However, he must make sure that he renews his policy before it expires. If the policy is not canceled even after a grace period of 30 days, it will be terminated.

Arogya Sanjeevani policy can be updated online by entering the required information and paying the health insurance premium.


Arogya Sanjeevani cancellation and refund policy

All Arogya Sanjeevani Policy Owners offer a free view period of 15 days. This means that the policy owner can cancel his / her policy within the first 15 days without paying any cancellation costs. The premium paid will be refunded to the policyholder to cover any costs incurred by the insurance company, provided that no claims have been made during this time.

Please note that the free look time does not apply during insurance renewal.


How to Buy Arogya Sanjeevani Policy?

The Arogya Sanjeevani policy can be purchased online. IRDAI has allowed insurance companies to publish Arogya Sanjeevani Policy online or electronically to policyholders. This also reduces the operating costs / supply of the insurance company which makes it very cost effective for consumers.

To purchase Arogya Sanjeevani Health Insurance Policy, the policy owner will need to compare premium quotes using the Arogya Sanjeevani Policy Premium Calculator. After comparing the premium with choosing this program, the policy owner will be required to complete a proposal form and pay the premium online. The Arogya Sanjeevani policy will be published online.

However, it is mandatory for insurance providers to issue a policy document that is in good condition even if purchased online. In addition, IRDAI also instructed all health insurance companies to issue an insurance certificate to policyholders that specifies the details of Arogya Sanjeevani Policy including terms and conditions.