New India Jan Arogya Bima Health Insurance

Jan Arogya Bima Policy is an indemnity-based medical insurance product especially designed to cater to the healthcare requirements of poorer sections of the society. The policy therefore comes at affordable premiums and offers cover for various healthcare expenses such as in-patient hospitalisation expenses, pre-hospitalisation expenses, post-hospitalisation expenses, and domiciliary hospitalisation expenses. The policy covers each individual for a sum insured of Rs. 5,000 for which they are required to pay health insurance premium ranging between Rs. 70 and Rs. 380. Kindly note that you are required to complete a waiting period of 30 days from the date of policy, to be able to make a claim under it. Whereas for some listed illnesses, the waiting period is 1 year.

To be covered by Jan Arogya Bima Policy offered by New India Assurance Company, you must be aged between 5 years and 70 years at the time of buying the policy. Another requirement is to be a resident of India. Apart from self, you can also add dependent children under the policy if they are aged between 3 months and 5 years provided either or both the parents are covered under the policy. Apart from the coverage benefits mentioned above, Jan Arogya Bima Policy provides you several other benefits as well. Some of these include 15 days free look period, tax benefits on the premium paid, under Section 80D of the Income Tax Act, 1961.