Insurance companies have been asked by the regulator, Irdai, to offer a standard health cover called Arogya Sanjeevani. Gurdeep Singh Batra, Head-Retail Underwriting, Bajaj Allianz General Insurance, says "It’s a straightforward policy, has easy wordings, is easy to understand, and comes with a good coverage at a reasonable price.” These policies come with standard coverages, and features, exclusions, and limitations that are similar to existing products.
But where it scores over conventionaal plans is the pricing. Amit Chhabra, Head- Health Insurance, ...
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First Published: Fri, May 29 2020. 17:06 IST
