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Having a health insurance policy has never been as significant as it has become now. Over the past few months, the world has witnessed newfound diseases, covid, its variants, and monkeypox, to name a few. Healthcare costs are rising by the day, and thus, it has become imperative for everyone to be under cover of a suitable health insurance policy. As good medical treatment becomes more and more out of reach for the common man, the IRDAI, Insurance Regulatory and Development Authority of India, under the government’s guidelines, has introduced a standard health insurance policy called the Arogya Sanjeevani Policy.
Also offered by TATA AIG health Insurance Arogya Sanjeevani Policy is an affordable health insurance policy that offers multifarious benefits to insured members. Let us see how.
Arogya Sanjeevani Policy is India's first-ever standardised health insurance policy that all health insurance companies mandatorily offer. The coverage features across companies will be the same. An indemnity-based health insurance plan, TATA AIG Arogya Sanjeevani Policy is a great way to protect yourself and your loved ones. Let us take a quick look at the highlighting features of this policy:
|Policy Tenure||National Insurance Company Limited|
|Type of Policy||Public sector (Nationalization in 1972)|
|Waiting period||5th December, 1906|
|Medical Check-Up||Kolkata, West Bengal, India|
|Co-Payment||Insurance, Financial services|
|Age Eligibility||All over India and Nepal|
|Hospitalisation||All over India and Nepal|
It is important to check your eligibility before you apply for the TATA AIG Arogya Sanjeevani Policy. Here are the main eligibility criteria that you need to fulfil:
You need to be in the age group of 18 years to 65 years to enrol yourself in the Arogya Sanjeevani Policy. However, you will be able to renew the policy for as long as you want if you continue it without any break. You also have the option to include the following family members in your policy:
Just like any other health insurance plan, it is essential to understand the coverage features and benefits that the TATA AIG Arogya Sanjeevani Policy will offer you:
Wide coverage: TATA AIG Arogya Sanjeevani Policy comes with a long list of coverage benefits. When admitted to a hospital for over 24 hours, the policy covers your in-hospital expenses to a specified limit depending on the sum insured that you have chosen. This includes
AYUSH treatments: If you prefer taking alternate treatments like Ayurveda, Yoga, Unani, Sidha, and Homeopathy, you will be able to get coverage for these as well.
It is important that you understand that every health insurance policy comes with a set of exclusions. Exclusions are the situations under which medical expenses are not covered. Here are some of the common exclusions:
When you pick a health insurance plan, it is crucial that you weigh all the strengths and weaknesses of the plan as well as the health insurance company. TATA AIG Health Insurance is one of the most prominent names in the health insurance market in the country. With a high claim settlement ratio of 94.43% in the financial year 2020-21, the company offers you the best health insurance products along with efficient customer care. A strong network of over 7200 hospitals allows you the freedom to get the best treatment without having to worry about expenses.
Ans: Yes, cataract is covered in the TATA AIG Arogya Sanjeevani Policy. However, bear in mind that this cover is limited. You will be able to make a claim up to INR 40,000 or 25% of the sum insured, whichever is less.
Ans: Like all other health Insurance Policies by TATA AIG, even if you receive treatment from a hospital that is not in the network of TATA AIG General Insurance, you would still be able to make a claim. But keep in mind you would have to bear the expenses when you take the treatment. After your discharge, you can file for reimbursement.