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Insurance Regulatory and Development Authority of India (Irdai) has hiked the maximum cover under the standard health insurance plan — Arogya Sanjeevani Policy from _________ earlier to Rs 10 lakh. 
  • a)
    Rs 5 lakh 
  • b)
    Rs 6 lakh 
  • c)
    Rs 8 lakh 
  • d)
    Rs 7 lakh
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Insurance Regulatory and Development Authority of India (Irdai) has hi...
To bring more people under the ambit of health insurance, Insurance Regulatory and Development Authority of India (Irdai) has hiked the maximum cover under the standard health insurance plan — Arogya Sanjeevani Policy — from Rs 5 lakh earlier to Rs 10 lakh.
The insurance regulator has made it mandatory for insurers to offer a sum insured between Rs 50,000 to Rs 10 lakh under the Arogya Sanjeevani policy as against the previous range of Rs 1 -5 lakh.
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Insurance Regulatory and Development Authority of India (Irdai) has hiked the maximum cover under the standard health insurance plan — Arogya Sanjeevani Policy from _________ earlier to Rs 10 lakh.a)Rs 5 lakhb)Rs 6 lakhc)Rs 8 lakhd)Rs 7 lakhCorrect answer is option 'A'. Can you explain this answer?
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