Arogya Sanjeevani Policy: IRDAI Guidelines

Arogya Sanjeevani was launched on April 1, 2020 for the policyholders and is available at the cheaper price. Insurance Regulatory and Development Authority (IRDAI) has allowed the policyholder in order to give this policy and has also given out the related mandates.


The IRDAI has standardized the Arogya Sanjeevani policy and has clearly instructed the health insurance companies to set a standard term and condition for this policy. The policy will also cover the cost of hospitalization for the coronavirus patients. The premium of the policy will have to be set between Rs 1000 to 5000. It will cover the risk between 1 Lakh to 5 Lakh.

Compulsory Guidelines

The policy is the compulsory to offered all the health insurance companies. IRDAI has set up the premium for the policy in between Rs 1000 to Rs 5000. The policy will cover the amount between 1 lakh to 5 lakhs. It is also offered to insured person in multiples of 50,000. Under the policy, the insurance companies will not impose the deductible. The insurance companies will also not provide the claim bonus of 5 percent every year with the maximum of 50 percent. The person lying between the age of 18 years to 65 years of age can get this policy. It will cover the 2% of the insurance cover for room rent during hospitalization. The policy also provides the insured persons an option of switching their policy from one company to other after the policy period ends.


​After the standardization of the policy, the terms & conditions around the policy would remain same for any insurance provider. With the standardized policy, the companies will provide the identical plans and identical coverage. Thus, the terms and conditions become universal after this and will be applicable to all the insurers. ​




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