New India Arogya Sanjeevani Health Insurance

Set by the Insurance Regulatory and Development Authority of India (IRDA), Arogya Sanjeevani Policy is a Standard Health Insurance Policy (SHIP) that offers cover to the insured at affordable premiums. The policy can be purchased on an individual or family floater basis for sum insured options ranging between Rs. 1 Lakh and Rs. 5 Lakh (in multiples of Rs. 50,000). On an individual basis, only one person can be added as a beneficiary, whereas on a family floater basis, you can also include your legally wedded spouse, dependent children, parents and parents-in-law, apart from self. It is an annual policy that can be purchased for a term of 1 year and be renewed thereafter. The policy comes with a low co-payment of 5% that does not put an excessive financial burden on you.

You can purchase Arogya Sanjeevani Policy offered by New India Assurance if you are aged between 18 years and 65 years. Under the floater type, you can also include children aged between 3 months and 25 years. Also, if the child is aged more than 18 years and is financially independent, then he/she will not be eligible for coverage. The policy offers several coverage benefits some of which are in-patient hospitalisation expenses, pre-hospitalisation and post-hospitalisation expenses, daycare expenses, expenses related to treatments taken under the AYUSH system of medicines, road ambulance expenses, and new-age treatments. In short, Arogya Sanjeevani Policy offered by the New India Assurance Company is a simplified indemnity-based health insurance policy that offers you much-needed coverage at all times.

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