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Non Life Insurance
Whom will Arogya Sanjeevani health insurance policy be suitable for?
The Insurance Regulatory and Development Authority of India (IRDAI) has mandated all insurance companies to provide the Aarogya Sanjeevani Policy from April 2020. This is a standard health insurance policy for individuals and families which provides coverage up to Rs 5 lakh for basic hospitalisation-related expenses. Also, perhaps to make the product simpler to understand, the regulator has banned insurers from imposing deductibles or offering riders and variants with the policy.
Source : Econimoic Times