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Which of the following is a requirement for claims under the Arogya Sanjeevani Policy?
  • a)
    No waiting period for pre-existing diseases
  • b)
    A co-payment of 5% on all claims
  • c)
    Mandatory maternity coverage
  • d)
    Unlimited sum insured
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Which of the following is a requirement for claims under the Arogya Sa...
Under the Arogya Sanjeevani Policy, there is a requirement for a co-payment of 5% on all claims, meaning that the insured individual is responsible for paying 5% of the claim amount while the insurance covers the remaining 95%. This co-payment is a common practice in health insurance policies to help control costs and encourage policyholders to consider the expense of treatments. Understanding such terms is crucial for policyholders to manage their healthcare expenses effectively.
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Which of the following is a requirement for claims under the Arogya Sanjeevani Policy?a) No waiting period for pre-existing diseasesb) A co-payment of 5% on all claimsc) Mandatory maternity coveraged) Unlimited sum insuredCorrect answer is option 'B'. Can you explain this answer?
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