Get <strong>₹5 Lac</strong> Health Insurance starts <strong>@ ₹315/<span>month*</span></strong>
Get ₹5 Lac Health Insurance starts @ ₹315/month*
Get ₹5 Lac Health Insurance starts @ ₹315/month*
250+ Plans 18 Insurance Companies
₹ 5 Lakh Coverage @ ₹ 10/day
7 Lakh+ Happy Customers

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*Tax benefit is subject to changes in tax laws. Standard T&C Apply

No upper Coverage Limit in Arogya Sanjeevani Health Insurance Policy: IRDAI

Amid the increasing cost of healthcare expenses in India due to the rising COVID-19 cases, the Insurance Regulatory and Development Authority of India (IRDAI) has removed the capping of Rs 5 Lakh from Arogya Sanjeevani health insurance plans, with immediate effect. It allows the General insurance companies to provide the policy beyond the earlier permissible limit of Rs 5 Lakh.

The standard product called ‘Arogya Sanjeevani health insurance’ is provided by all the health insurers with minimum sum insured limit of Rs 1 Lakh and maximum of Rs 5 Lakh. However, the regulator now permits the insurers to offer this product at a minimum sum insured of Rs 50,000 with no upper limit on the coverage amount. But the sum insured amount must be in multiples of Rs 50,000.

Arogya Sanjeevani health insurance product was designed to provide health insurance cover to people at an affordable premium with standard product features across the industry. But with the increasing healthcare costs and expensive treatments, this initiative has been taken. It will ensure that people have adequate insurance cover. Arogya Sanjeevani covers hospitalization expenses including nusing, boarding and room-rent charges, but it also has a co-pay clause of 5%, with room rent sub-limit of 2%. You can read about this policy here.

Written By: PolicyBazaar - Updated: 26 July 2020
1,583,792 Confirmed Cases in India*
18,410,580 Confirmed Cases worldwide*
662,356 Confirmed deaths worldwide*
Search
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.

You May Also Want to Know About

Best Health Insurance Plans in India

Best Health Insurance Plans in India

Health insurance is amongst the most intricate insurance products, as it comes with numerous riders and benefits, and hence, there are so many variants to it. The insurance marketplace nationwide is quite competitive. You must consider comparing th...
Best Health Insurance Companies in India

Best Health Insurance Companies in India

Every year, a list of top health insurance companies in India is declared which helps in taking the right insurance decision. There are few important features that help it to rate the insurance companies, such as their performances, Incurred Claim ...
Top Maternity Insurance Plans

Top Maternity Insurance Plans

Maternity or pregnancy is an important phase of life, and one needs to prepare in advance to embrace parenthood. Though rearing a child is an expensive affair and may require good financial backup to meet the requirements of a growing baby. From ho...
Top Family Health Insurance Policies in India 2020

Top Family Health Insurance Policies in India 2020

From the air we breathe to the food we eat; everything is intentionally or unintentionally subjected to adulteration. Due to this, the disease rate in India is rising drastically. Naturally, more and more people are visiting hospitals frequently. A...
Health Insurance for Parents

Health Insurance for Parents

Are you planning to buy health insurance for your parents? Well, the Indian Insurance market is currently flooded with healthcare plans specifically designed for senior citizens or elderly parents above 60 years. And many insurance providers also o...