Oriental Arogya Sanjeevani Policy

According to many survey reports, a large percentage of the Indian population is still not covered by any health insurance plan. Considering the rising costs of healthcare services and lifestyle changes, it has become critical for everyone to be covered under some health insurance plan. To make health insurance more affordable and accessible, IRDAI has developed a standard health insurance policy which is uniform throughout the industry. The policy is called Arogya Sanjeevani Policy which all health insurers compulsorily offer.

Oriental Arogya Sanjeevani Policy offers a basic indemnity health cover up to Rs. 5 lakhs to individuals and families. The insurance plan offered by Oriental general insurance provides hospitalisation cover, including pre and post-hospitalisation expenses. Day-care procedures, AYUSH treatments and certain new-age procedures as listed in the policy are also covered under the plan. Let us have a look at the key features of the policy.

Oriental Arogya Sanjeevani policy is a safety cover to protect your finances in a medical situation. Here are reasons why you should buy this policy.

• It provides medical coverage at affordable premiums.

• It provides tax benefits on the premium paid under section 80C of the Income Tax Act.

• It covers AYUSH treatments such as Ayurveda, Unani, Siddha and homoeopathy upto the limit of the sum assured.

• The policy has a restriction on entry age, but it allows lifetime renewability. With this policy, you can have Oriental Health Insurance for your lifetime.

• No pre-policy medical check-up is required till the age of 55 years. If you are above 55 years of age, 50% cost of medical check-ups is reimbursed after the policy proposal is accepted.

• The policy only has a low co-pay of 5% on all the claims.

The policy offers comprehensive coverage for hospitalisation, daycare procedures and much more. Let us see what coverage under the policy includes

• Hospitalisation Expenses - The policy covers hospitalisation expenses for in-patient care due to illness, injury or medical treatment during the policy term. The cover includes expenses like room rent, doctor fees, boarding charges, nursing charges, OT and ICU expenses.

• Pre and Post-Hospitalisation - The policy covers medical expenses related to in-patient care before and after hospitalisation for 30 and 60 days, respectively.

• Ambulance Charges - The policy covers ambulance charges upto a maximum of Rs. 2000 per hospitalisation.

• Cataract Treatment - ataract treatment upto 40,000 or 25% of the sum assured, whichever is lower, is covered under the policy.

• Dental Treatment and Plastic Surgery - Any dental treatment or plastic surgery required due to a disease or injury is covered under the policy.

• Modern Specialized Treatment - The policy also covers listed new-age procedures upto 50% of the sum insured as inpatient care or daycare procedure.

The company is not liable to pay anything for the following

• A hospitalisation due to any evaluation or investigative purposes.

• Any type of rehabilitation expenses

• Treatment outside India

• Expenses owing to obesity treatment

• Expenses related to change of gender procedure

• Any type of Cosmetic surgery for changing appearance unless for reconstruction or removal of a health risk.

• Expenses related to childbirth

• Sterility and infertility procedures

• Expenses related to treating an injury due to participation in an adventure sport.

1). Young first-time buyers - The policy is recommended for young first-time buyers who are fit and therefore don’t require any medical checkups. Also, the policy is a standard product, so it is easier to buy without having to choose from an array of insurance plans.

2). Anyone looking for affordable health insurance - Arogya Sanjeevani Policy is known for its comprehensive coverage and affordable premiums. Hence it is the ideal choice for anyone looking for health insurance at an affordable cost.

3). Anyone who wants lifelong health coverage - The policy has restrictions on the entry age. However, it offers the facility of lifelong renewal. This policy provides health insurance coverage for your lifetime and secures you in those years when you most need it.

If you haven’t yet got a health insurance cover, purchase an Oriental Arogya Sanjeevani policy without any doubt. It will secure you and your family against any medical expenses at a very reasonable cost.