Importance of Arogya Sanjeevani Health Policy
Arogya Sanjeevani is a well-crafted health insurance plan designed for a common man to lessen the complexities of health insurance policies. Read how it is beneficial for policyholders in more ways:
Standardized Product - It is a standardized product and one-stop solution for all your health care needs. The policy can be purchased as an individual or family floater policy.
Portability- Porting is available easier for policyholders without being worried about losing their continuity benefits.
Lower Premium- You do not need to pay a high premium to opt for this policy. The amount of premium is low and with the option of paying a premium on an installment basis.
Refund and Cancellation- Refund under this plan is allowed up to six months from the date of issuance. You will also get a refund of the premium in case you cancel the policy.
Lifelong Renewability- It is a very good policy that comes with lifelong renewability. It ensures that your policy can be renewed for life without any restrictions or age bar.
Easy Claim Process- Its claim process is simple and much easier. You do not need to go through the cumbersome claim formalities. You will get hassle-free and timely claim.
How does Arogya Sanjeevani Health Insurance Work?
At Religare, Arogya Sanjeevani Individual Health Insurance aims to cover the basic health care needs of the individuals irrespective of the age. The policy works on the basis of below mentioned things:
- Entry age is 18 to 65 years with no age limit
- 5% co-payment clause
- Sub-limits of room rent- up to 2% or the maximum amount of Rs.5,000 per day
- 30 days waiting period
Key Features of Arogya Sanjeevani Health Insurance Plan
Arogya Sanjeevani health insurance is decent plan for our customers who want a good health insurance policy that cater their medical needs. Here you can have a look at the basic features of this policy.
- In-Patient Hospitalization including – AYUSH (Ayurveda, Unani, Yoga and Naturopathy, Siddha, and Homeopathy)
- Pre & Post-Hospitalization for 30 and 60 days respectively
- Up to 50% increase in Sum Insured with No-Claim Bonus
- No add-ons or other variants can be added in the policy
- No co-payment discount above 60 years of age
- Discounts of 2.5 to 5% will be provided to cover more than one person from the same family
- Tax Benefit u/s 80D
Benefits of Buying Arogya Sanjeevani Health Insurance for Individuals
Our Arogya Sanjeevani health insurance seems a better way to eliminate the ambiguity and confusion on customers’ part. The major benefits provided by this policy are listed below.
Cashless Hospitalization Expenses- The policy provides cashless hospitalization up to the maximum sum insured of Rs.5 lakhs with ambulance cover-up to Rs.2000/- per hospitalization. It covers all sorts of hospitalization expenses, treatment, and medical costs. So, you can focus on your recovery while we take care of your bills.
AYUSH Treatment- The expenses incurred for alternate treatment methods like AYUSH (Ayurveda, Unani, Siddha, and Homeopathy) are also cover up to sum insured. So, it gives you an option to take other treatment methods if allopathic does not suit you.
Coverage for Cataract Treatment- It comes under day care treatment that is also covered under Arogya Sanjeevani up to 25% of sum insured or Rs.40, 000/- per eye, whichever is lower.
Pre and Post-Hospitalization Medical Expenses- The policy also provides coverage for pre-hospitalization expenses up to 30 days and post-hospitalization for 60 days from the discharge date up to the sum insured.
Cumulative Bonus (CB) - You can also get a cumulative bonus for the claim-free policy year. In that case, the sum assured will be increased by 5% provided and the policy is subjected to a maximum bonus of 50% of the sum assured.
Co-payment- A co-payment of 5% on all the claims is mandatory for all the policyholders. Rest will be paid by us.
What does Arogya Sanjeevani Insurance Plan Cover?
We offer wide coverage under the Arogya Sanjeevani Insurance plan cover. Find below what it has included:
- Coverage for Alternate Treatments (AYUSH)
- Coverage for Cataract
- Coverage for Pre and Post Hospitalization Expenses
- Ambulance Expenses
- Day Care Treatment