The Insurance Regulatory and Development Authority of India (Irdai) launched the Arogya Sanjeevani Health Insurance Policy on April 1, 2020. The main objective of the plan was to make insurance more accessible, affordable and less confusing for policy buyers. Irdai allowed several insurers to launch this policy on July 7, 2020.
What is the importance of Arogya Sanjeevani Health Insurance Policy?
The policy aims to standardise health insurance in India. Policy documents and their wordings are, more often than not, confusing for the customers. Irdai wanted all companies to offer plans that cover basic health needs and have common policy