Raheja QBE General Insurance (RQBE), India’s leading general insurance brand has launched a new health product -‘Arogya Sanjeevani Policy’. This standard health insurance policy has been introduced under the guidelines of IRDAI and will offer cover against medical expenses incurred due to hospitalization and other medical treatments.
The Arogya SanjeevaniPolicy by RQBE provides an essential health insurance cover of INR 1 Lakh to INR 5 Lakhs at an affordable premium.This coverage is available on individual and on family floater sum insured basis. The policy also covers COVID-19 related hospitalization and its treatment,as well as the pre and post hospitalizationexpenses, home-care treatment, road ambulance and AYUSH treatment. In addition to these, the policy also covers specialised treatments like Uterine Artery Embolization and HIFU, Balloon Sinuplasty, Oral Chemotherapy, and Immunotherapy to name a few. The policyholders may choose to make payment of the premium amount in instalments (Annual, Half yearly, Quarterly or Monthly) with a lifetime renewal benefit. The premium for ‘Arogya Sanjeevani Policy’ will start with Rs. 1823 plus GST (for 1 Lakh SI; age – 18 – 25 yrs)and will vary depending on the age of the policyholder and sum insured opted for.
Commenting on the product launch,Mr. Pankaj Arora, Managing Director and CEO of RQBE said, “We, at Raheja QBE General Insurance, believe that having a health insurance coverage is vital for every individual and family. The launch of this policy will play an important role in encouraging people to buy the health cover even post the pandemic. It is our sincere aim to provide policyholders and their family with a safety net in the form of this product. Like any other product by RQBE, this policy could be a good choice for first-time health insurance buyers in India as the cover is affordable and is designed to provide access to quality health care thereby safeguarding the financial well-being of the customers”. This essential health insurance policy covers pre-hospitalization expenses for up to 30 days and post hospitalization expenses for up to 60 days. Additionally, this policy will cover Covid-19 related hospitalization expenses like other health indemnity policies.