*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
The costs related to quality healthcare are increasing with every passing day. In such a scenario, getting proper treatment for any kind of medical emergency becomes unaffordable for most of the people if a health insurance plan does not cover them.
Arogya Sanjeevani policy is a standard health insurance that is meant for both individuals and families across India. This insurance scheme option provides coverage for necessary hospitalization-related expenses. The IRDAI has set up the terms and conditions, as well as the coverage of this Sanjeevani health policy. These elements subsequently remain unchanged across all the health insurance providers throughout the nation.
The IRDAI had essentially ordered all the standalone and general health insurance firms in India to develop a standard health plan by 1st April 2020. Since the terms and conditions of this standard health insurance scheme option are universal for all insurance providers of the nation, the insurance seekers are open to buy this from any of the insurance providers who offer this policy. The customer service and premium rates for this plan may vary from one insurance provider to another.
The Arogya Sanjeevani policy is known to have more affordable premium rates than most other comprehensive health insurance plans in India. People can easily opt to compare online policies for health insurance to check if the Arogya Sanjeevani policy is more cost-effective than their current health insurance plan.
While health insurance is incredibly vital for all people, more than 55% of Indians do not have coverage. The lack of knowledge about insurance policies and the confusion over the various insurance products available in the market are contributing to the low health insurance penetration level in India. Moreover, many people across the country also do not have enough spare funds to pay for health insurance premiums. Hence, the IRDAI mandated health insurers across the nation for a standard, uniform health insurance product on 1st April 2020 to address these issues.
Arogya Sanjeevani policy simply is a standard health insurance plan that is offered by several health insurance firms across India. This Arogya Sanjeevani health is sold according to the IRDAI directives for a health insurance coverage ranging from Rs 1 lakh to 5 lakh. The two types of policies that are available under this health insurance scheme option are:
This Sanjeevani health insurance plan can be considered to be an all-in-one health insurance policy that would look after the financial requirements of the insurer in the scenarios of medical emergencies.
Some of the unique features of this policy are:
Arogya Sanjeevani policy was launched with the prime aim of simplifying the system of health insurance in the nation by providing a basic plan that provides exact coverage by multiple insurance firms. This health insurance scheme policy was designed to offer basic indemnity insurance benefits to individuals and families across all income groups. There are multiple benefits of the Sanjeevani health policy. Here are a few of them:
Both individuals and families can invest in an Arogya Sanjeevani health insurance plan, as it is available on an individual and family floater basis. This plan is known to be best suited for people who are investing in a health insurance policy for the very first time.
Most first-time insurance buyers tend to be unsure about the extent of coverage they need and what they should look for when planning to invest in a health insurance plan. This Sanjeevani health policy serves as a boon for such first type buyers as this plan can provide wider health insurance coverage, including several new-age treatments.
Owing to the rising healthcare-related expenses, almost all people across India have to invest in a good health insurance plan to acquire quality healthcare in times of need. However, not many can afford the high rate of premiums involved in most comprehensive health insurance plans. If they compare policy options of other types with Arogya Sanjeevani health plan, however, they would be able to observe that the premium rate of this policy is incredibly cost-effective. Arogya Sanjeevani policy has 5% co-pay for all ages, which makes it affordable for all people.
The high affordability factor of the Sanjeevani health insurance policy makes it a perfect choice for people with lower incomes and those residing in smaller towns and villages.
According to IRDA, all insurance providers offering health insurance products across India were supposed to introduce Arogya Sanjeevani policy by 1st April 2020; few of them have not launched it yet. Nevertheless, there are still multiple health insurance providers operating across India through which people may invest in the Arogya Sanjeevani health plan. Some of them are:
Disclaimer: Paisawiki does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Insurer Name |
Sum Insured |
Entry Age |
Policy Term |
Policy Type |
Aditya Birla |
Rs 1-5 lakh |
18 years-65 years Child: 3 months-25 years |
1 year |
Individual/Floater |
Bajaj Allianz |
Rs 1-5 lakh |
18 years-65 years Child: 3 months-25 years |
1 year |
Individual/Floater |
Bharti AXA |
Rs 1-5 lakh |
18 years-65 years Child: 3 months-25 years |
1 year |
Individual/Floater |
Care Health Insurance (formerly known as Religare Health Insurance) |
Rs 1-5 lakh |
18 years-65 years Child: 3 months-25 years |
1 year | Individual/Floater |
Cholamandalam |
Rs 1-5 lakh |
18 years-65 years Child: 3 months-25 years |
1 year |
Individual/Floater |
Edelweiss |
Rs 1-5 lakh |
18 years-65 years Child: 3 months-25 years |
1 year |
Individual/Floater |
Future Generali
|
Rs 1-5 lakh |
18 years-65 years Child: 3 months-25 years |
1 year |
Individual/Floater |
Go Digit |
Rs 1-5 lakh |
18 years-65 years
|
1 year |
Individual/Floater |
HDFC ERGO General
|
Rs 1-5 lakh |
18 years-65 years Child: 3 months-25 years |
1 year |
Individual/Floater |
HDFC ERGO Health
|
Rs 1-5 lakh |
18 years-65 years Child: 3 months-25 years |
1 year |
Individual/Floater |
IFFCO Tokio |
Rs 1-5 lakh |
18 years-65 years Child: 3 months-25 years |
1 year |
Individual/Floater |
Kotak General |
Rs 1-5 lakh |
18 years-65 years Child: 3 months-25 years |
1 year |
Individual/Floater |
Liberty General |
Rs 1-5 lakh |
18 years-65 years Child: 3 months-25 years |
1 year |
Individual/Floater |
ManipalCigna Health |
Rs 1-5 lakh |
18 years-65 years Child: 3 months-25 years |
1 year |
Individual/Floater |
Max Bupa Health |
Rs 1-5 lakh |
18 years-65 years Child: 3 months-25 years |
1 year |
Individual/Floater |
National Insurance |
Rs 1-5 lakh |
18 years-65 years Child: 3 months-25 years |
1 year |
Individual/Floater |
Navi General Insurance
|
Rs 1-5 lakh |
18 years-65 years Child: 3 months-25 years |
1 year |
Individual/Floater |
Oriental Insurance |
Rs 1-5 lakh |
18 years-65 years Child: 3 months-25 years |
1 year |
Individual/Floater |
Raheja QBE |
Rs 1-5 lakh |
18 years-65 years Child: 3 months-25 years |
1 year |
Individual/Floater |
Royal Sundaram
|
Rs 1-5 lakh |
18 years-65 years Child: 3 months-25 years |
1 year |
Individual/Floater |
Star Health |
Rs 1-5 lakh |
18 years-65 years Child: 3 months-25 years |
1 year |
Individual/Floater |
SBI General |
Rs 1-5 lakh |
18 years-65 years Child: 3 months-25 years |
1 year |
Individual/Floater |
Tata AIG |
Rs 1-5 lakh |
18 years-65 years Child: 3 months-25 years |
1 year |
Individual/Floater |
United India Insurance
|
Rs 1-5 lakh |
18 years-65 years Child: 3 months-25 years |
1 year |
Individual/Floater |
Universal Sompo
|
Rs 1-5 lakh |
18 years-65 years Child: 3 months-25 years |
1 year |
Individual/Floater |
Disclaimer: Paisawiki does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Arogya Sanjeevani health insurance plan comes with several inclusions. This includes:
Arogya Sanjeevani policy does not provide coverage for the following situations or treatments:
Sanjeevani health policy comes with certain waiting periods. They include:
The table provided below mentions the age of eligibility involved in investing in the Arogya Sanjeevani health insurance policy.
Min Age of Entry |
18 years (Adults) |
3 months (Children) |
|
Max Age of Entry |
65 years (Adults) |
25 years (Children) |
|
Renewability |
Lifelong |
Policyholders can include their dependents in the Arogya Sanjeevani policy. Their dependents can involve their parents, spouse (legally married), parents-in-law, as well as adopted children (legal).
The claim process for the Arogya Sanjeevani Policy is similar to other health insurance policies, which facilitates claiming the policy for availing cashless or reimbursement benefits.
As multiple insurers offer the Arogya Sanjeevani Policy, the specific details about its claim process may differ from one company to the other.
Arogya Sanjeevani policy can easily be purchased online. The IRDAI has provided permission to diverse insurance companies to issue the Sanjeevani health insurance plan electronically or online to the discerning policyholders. This factor further minimalizes the serving/ operating expenses of the insurance company, thereby making this health insurance policy option more economical for the buyers. When making an online policy comparison of health plans, people shall observe that the Arogya Sanjeevani policy is among the most affordable health insurance scheme options available in the market. People can easily use an insurance policy calculator to make such comparisons.
To invest in the Sanjeevani health policy, people first have to use the Arogya Sanjeevani policy premium calculator to compare the premium quotes. After comparing the premiums, they have to orderly fill up the relevant proposal form and pay the premium amount online. Arogya Sanjeevani policy shall be issued to the buyer after they have made their premium payment.
However, all insurance companies must issue Arogya Sanjeevani policy documents in physical form, even if it has been purchased online. IRDAI has additionally directed all health insurance firms to provide a certificate of insurance to the policyholders that specify the details of this Sanjeevani health policy, including its terms and conditions.
All Arogya Sanjeevani health insurance policyholders are provided with a 15-day free-look period. This implies that they would be able to cancel their policy within the first 15 days without paying any cancellation expenses. The premium amount paid for the Arogya Sanjeevani policy shall then be refunded to the policyholder minus any type of expenses incurred by the insurance company if there are no claims that were made during this period.
It is imperative to note that the free look period is not applicable at the time of policy renewal. However, in the scenario that a 15-day free-look period gets over, the policyholder still may cancel their Arogya Sanjeevani health plan. They would simply be required to provide a 15-days written notice to the insurance company for canceling the plan. The premium amount for the remaining policy term shall be refunded to the policyholder according to the rates mentioned below.
Refund of Arogya Sanjeevani Policy Premium |
|
Time of cancellation |
Percentage of Premium Refund |
Up to 30 days |
75 % |
31 to 90 days |
50 % |
3 months to 6 months |
25 % |
6 months to 12 months |
0 % |
The option of lifetime policy renewal is available in the case of the Arogya Sanjeevani policy. This implies that the policyholder would be able to renew their Sanjeevani health policy for as long as they are alive. They, however, must remember to make their plan renewal before its expiry. If the Arogya Sanjeevani policy is not canceled after the grace period of 30 days, it would be terminated. People can easily renew this health insurance scheme plan online by entering the relevant details and paying the policy premium. The online renewal steps are as follows:
IRDAI has provided various insurance companies with the freedom to orderly determine the premiums for the Arogya Sanjeevani policy, taking into the mandatory covers prescribed under it by a regulatory body into consideration. The insurance providers typically consider the factors of estimated claims, consumer behavior, risk assessment, as well as the sustainability of Sanjeevani health policy in the long term, when it comes to determining the premium amount.
The prices involved in investing in individual Sanjeevani health insurance scheme plans start at approximately Rs 3000, while the family floater policy options begin approximately Rs 15000. People can visit the insurance companies' websites offering Sanjeevani health policy to find their exact policy premium chart and rates.
Ans. The approximate premium rates of a family floater Arogya Sanjeevani policy covering the policyholder, their spouse, and two children shall be within a range of Rs. 6000 to 20,000, based on the age of each person covered under this health insurance scheme option.
Ans. Any type of ailment that is suffered by the insured individual before investing in the health insurance plan is referred to as a pre-existing disease. The most common examples of a pre-existing disease are asthma, arthritis, blood pressure issues, diabetes, and so on.
Ans. It is extremely easy to get the application form for the Arogya Sanjeevani policy. People simply have to visit the website of their preferred health insurance provider and subsequently download this application form from their website. They may even get in touch with an insurance agent to acquire this application.
Ans. Yes, the Arogya Sanjeevani policy would provide coverage for hospitalization due to the (Coronavirus) COVID-19 disease.
Ans. No. The expenses of maternity and childbirth are not covered under this health insurance policy option. However, complications, miscarriage due to an accident and treatment related to an ectopic pregnancy are covered under this Sanjeevani health policy.
Ans. Arogya Sanjeevani Policy comes with the policy term of only a single year.
Ans. No. There are no plan variants involved in Arogya Sanjeevani Policy.
Ans. Yes. NRIs or Non-Resident Indians can also invest in the Arogya Sanjeevani policy. However, the policyholders have to be in India at the time of policy purchase and must pay the premium sum in Indian currency through any bank account.
Ans. No, you cannot. The sum insured that is available under Arogya Sanjeevani Policy ranges from Rs 1 lakh to Rs 5 lakh. In the scenario that you are looking for a greater sum insured amount, you may have to invest in some other type of health insurance policy option that has a higher sum insured available.
Ans. Yes, you may easily port your health insurance policy to Arogya Sanjeevani Policy. You just have to contact your insurance company to know the procedure on how to do so. As multiple companies offer this plan, the steps involved in porting their plans may differ.
Ans: Yes. This Arogya Sanjeevani health plan comes with a 15-day free-look period. This implies that the policyholder would not have to pay any type of cancellation charges in case they decide to cancel their policy within the first 15 days of buying it. However, the free-look period would not be available at the time of policy renewal.
Ans. Yes, you shall have to pay 5% of the total claim amount as co-payment during claim settlement in the case of the Arogya Sanjeevani policy.
Ans. No. Arogya Sanjeevani Policy would not provide coverage for any kind of treatment that is been undertaken out of India.