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What is the name of the mandatory standard individual health insurance policy launched by IRDAI?
A)
Arogya Sanjeevani
B)
Arogya Samriddhi
C)
Arogya Raksha
D)
Arogya Suraksha

Correct Answer :   Arogya Sanjeevani


The Insurance Regulatory and Development Authority of India (IRDAI) recently directed the health and general insurance companies to offer a standard individual health insurance policy. The policy is named as ‘Arogya Sanjeevani policy’.
It will cover minimum health requirements of the insurers and would be offered from April 1, 2020. IRDAI also stipulated that there will be no exit age for the scheme, so that the insurance will be continued till the person’s last breath. The minimum and maximum age limit to enroll are 18 years and 65 years respectively. The sum assured will be between Rs.1 Lakh and Rs. 5 Lakhs.

Published On : July 16, 2021
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