Irdai allows insurers to offer Arogya Sanjeevani as group insurance policy

Regulator Irdai on Friday permitted health insurance companies to offer Arogya Sanjeevani Policy as a group health insurance product, with a view to expand the coverage of insurance to employees working in business establishments.

Arogya Sanjeevani Policy, whether in individual or group form, will also cover treatment of Covid-19 disease, said Insurance Regulatory and Development Authority of India (Irdai).

The group policy is expected to provide protection to a large number of employees engaged in manufacturing, services, SMEs, MSMEs, logistics sector and migrant workers, catering to their medical needs, the regulator said.

It will also to be useful to various