There are several features that differentiate an Arogya Sanjeevani Policy from other health insurance plans available in India. Take a look at some of the most attractive features of Arogya Sanjeevani Policy below:

• More economical than other health plans
• Universal coverage, terms & conditions across all health insurance companies in India
• Sum insured ranging from Rs. 1 lakh to Rs. 5 lakhs
• Available in Individual as well as Family Floater basis
• Covers hospitalization expenses related to COVID-19 (Coronavirus)

Arogya Sanjeevani Policy has been launched with an aim to simplify health insurance in India by offering a basic & standard medical insurance with the exact same coverage by all best health insurance companies. It strives to provide basic indemnity insurance benefits to the policyholder across all income groups in India. To understand this policy better, take a look through the list of benefits that a policyholder can avail under the Arogya Sanjeevani Plan:

• No More Confusion - It eliminates the scope of any confusion that may arise in the minds of a policyholder as the same level of coverage and the terms & conditions is offered by all insurance companies in India.
• Lower Co-payment Option - It offers a lower co-payment option of only 5% of the total claim amount, which means the applicant will have to pay the only 5% of the total claim amount at the time of settlement.
• Cumulative Bonus - Just like other medical insurance policies, the Arogya Sanjeevani Health Plan also rewards a cumulative bonus of 5% on the total sum insured amount for every claim-free year.
• Boon for First-Time Buyers - This is the perfect stepping & an ideal choice for a first-time health insurance buyer as he will be able to get a wide range of coverage at minimum cost without the hassles of understanding the pros and cons of different kinds of health plans.
• Lifetime Renewability - It comes with lifetime renewability that allows policyholders to renew their policies for as long as they live.

• Arogya Sanjeevani Health Insurance Policy can be availed by any person between the age of 18 years to 65 years. Under the Arogya Sanheevani Family Floater Plan, you can purchase this policy for dependent children between 3 months & 25 years.
• If your children age is above 18 years then he / she can’t be covered under the family floater health scheme. You need to buy Arogya Sanjeevani Individual Health Plan for the same.
• Under the Family Floater Arogya Sanjeevani Health Policy, a policyholder can include his / her parents & parents-in-law. This policy comes with lifelong renewability.

All policyholders of the Arogya Sanjeevani Policy offer a 15-day free-look period. This means the policyholder can cancel his / her policy within the first 15 days without paying any cancellation charges. The paid premium will be refunded to the policyholder minus any expenses incurred by the insurance company, provided no claims were made during this period.

Please note that the free-look period is not applicable at the time insurance renewals.

However, if the 15-day free-look period gets over, the policyholder can still cancel his Arogya Sanjeevani Health Insurance Policy. He will be required to give a 15-days written notice to the insurance provider for cancelling the policy. The premium for the remaining policy period will be refunded to the policyholder as per the rates given below: