Arogya Sanjeevani Health Insurance has gained significant popularity in India due to its simplicity, affordability, and comprehensive coverage. This standardised Health Insurance Policy was introduced to make quality healthcare accessible to a broader population. Here are the top reasons to consider the Arogya Sanjeevani Policy option:
- Standardised coverage
Arogya Sanjeevani offers a standardised coverage structure, making it easy to understand for people with different levels of Insurance knowledge. This simplicity lets you know what is covered and make informed decisions.
- Affordability
This policy is designed to provide affordable Health Insurance Policy coverage, making it suitable for you and families across different income brackets. The premium rates are competitive and ensure more people can access essential healthcare services without straining their finances.
- Comprehensive coverage
Despite its affordability, Arogya Sanjeevani offers comprehensive coverage for various medical expenses. It includes hospitalisation expenses, pre- and post-hospitalisation expenses, ambulance charges, and room rent. Some plans even cover Ayurvedic and Homoeopathic treatments.
- Pre-existing conditions
This policy covers pre-existing conditions after a waiting period of 48 months. This is a beneficial feature if you have existing medical conditions, as you can avail yourself of coverage for these conditions after the waiting period is fulfilled.
- No co-payment for individuals below 65
Unlike some Health Policies that need you to bear a percentage of the claim amount (co-payment), Arogya Sanjeevani does not mandate co-payment for people below 65. This means you can receive coverage without contributing a portion of the claim amount.
- Family floater option
Arogya Sanjeevani lets you include your entire family under a single policy through the Family Floater Plan. This ensures that your loved ones are also covered under the same policy, simplifying the management of multiple policies.
- No Claim Bonus
The policy offers a No Claim Bonus for every claim-free year. This means your sum insured increases for each year you do not claim without a premium increase. This is beneficial for maintaining a healthy lifestyle and not making frequent claims.
- Flexibility in premium payment
The Arogya Sanjeevani Policy allows policyholders to choose their premium payment frequency, annually, semi-annually, quarterly, or monthly, providing flexibility to align with your financial planning.
- Wide hospital network
Arogya Sanjeevani is accepted in a wide hospital network across the country. This means you can avail yourself of cashless hospitalisation services in emergencies.
- Tax benefits
Premiums paid towards Arogya Sanjeevani Health Insurance can be used for tax benefits under Section 80D of the Income Tax Act, 1961. This reduces your taxable income while ensuring you have essential health coverage.
- Entry age
The policy offers you coverage from three months up to 65 years of age.
- Lifetime renewability
Arogya Sanjeevani offers lifetime renewability, which means you can renew the policy yearly without age restrictions if the terms and conditions are met.
Conclusion
Arogya Sanjeevani stands as an attractive choice due to its affordability, comprehensive coverage, and simplified terms. Its balanced benefits offer a practical and accessible solution for safeguarding your health and financial well-being.
