IFFCO Tokio Arogya Sanjeevani Health Insurance Wordings

Yes, you can avail AYUSH treatment under IFFCO Tokio Arogya Sanjeevani Policy. The insurance company will pay for healthcare expenses incurred for in-patient hospitalisation treatment under Ayurveda, Yoga and Naturopathy, Unani, Sidha and Homeopathy medicine systems during every policy tenure up to the sum insured limit as specified in the insurance policy schedule in any AYUSH hospital.

In case, you are not satisfied with the terms and conditions mentioned in the IFFCO Tokio Arogya Sanjeevani Policy, then you can cancel the contract. However, the cancellation and return of the insurance policy should be done within 15 days from the issuance of the insurance plan. The premium paid at the time of purchasing the policy will be returned to you after the deduction of stamp charges and taxes. Also, you should remember that the policy cancellation can take place only if no claims have been raised by you.

Yes, a free look period of 15 days is applicable at the time of issuance of IFFCO Tokio Arogya Sanjeevani Policy but it is not available during renewal or porting of the insurance plan. In case, within the 15 days period of reviewing the terms and conditions of the insurance plan, you are not satisfied with it then it can be returned to the insurance company.  

If you have selected an annual premium payment mode, then a fixed grace period of 30 days is allowed whereas, for other payment modes, a fixed 15 days period is permitted as grace period. A grace period is the relaxation period offered to the policyholder for payment of premium to renew their policy if they have missed to renew it before the due date or expiry date of the insurance plan.