In the Aarogya Sanjeevani policy provided by the insurers what is the minimum amount sum insured in ...........

Current GK (IBPS-CL) Pension and Insurance

In the Aarogya Sanjeevani policy provided by the insurers, what is the minimum amount sum insured(in rupees) provided under the policy?

This questions was previously asked in

IBPS Clerk Main (8th Oct 2022)

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5000

50,000

1,50,000

5,00,000

None of the above

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Explanation:

Correct option is 2: Rs. 50,000

The minimum sum insured under the Arogya Sanjeevani Policy is Rs.50,000. This standard health insurance product, developed by the Insurance Regulatory and Development Authority of India (IRDAI), offers coverage in multiples of Rs.50,000, with the maximum sum insured varying by insurer. While some insurers provide coverage up to Rs.5 lakh, others offer higher limits, such as Rs.10 lakh or even Rs.15 lakh. ?

For example, ICICI Lombard offers sum insured options ranging from Rs.1 lakh to Rs.5 lakh, while ManipalCigna provides coverage from Rs.50,000 to Rs.10 lakh.