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Financial food for thought
Arogya Sanjeevani is a newly designed health insurance policy which was launched by the IRDAI (Insurance Regulatory and Development Authority of India) on 1st April 2020. It is offered by most general insurance providers in India.
Looking after your health is important and it becomes especially critical during a crisis like the ongoing Covid-19 pandemic. The ongoing Covid-19 crisis has made us feel like we are inhabiting a world that was completely unknown to us just a month ago.
With age, the human body becomes prone to diseases. Unhealthy lifestyle and junk-food consumption are some of the reasons why diseases are catching up so early. This is one of the root causes why health insurance policies have become increasingly important these days.
Arogya Sanjeevani policy is a new, standard health insurance policy set by the IRDAI effective from the 1st of April, 2020. It will be offered by most health insurance companies in India. This standard plan provides for a basic health insurance cover of between Rs. 1 lakh to Rs. 5 lakhs.
The life and property of an individual are surrounded by the risk of death, disability or destruction. These risks may result in financial losses. This is when insurance comes into the picture, as a way of managing risks.
With sky-rocketing medical costs – purchasing health insurance has become a basic necessity in today's lives. The cost of medical treatments – from minor ailments to critical illnesses – is steadily increasing across the country
An insurance plan can help safeguard your savings in times of any unfortunate incidents such as critical illness, accidents or any other disasters. You do not have to shell out a huge amount of money from your hard-earned savings.
Health care industry in India is one of the important sectors that is witnessing a rapid growth. Health insurance policies can be taken both for an individual and family members. It can safeguard your family from any unexpected illness, which might otherwise dig a deep hole in your pocket. While taking a health insurance policy, it’s important to note that the following benefits are available in the policy.
Retirement is an important phase of one's life. This is the stage where most of your responsibilities such as loans, education of children, and other liabilities should be taken care of so that you could spend your time relaxing doing what you like.
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