Ref: IRDAI/HLT/REG/CIR/ 031/01/2020                                     24th January,2020

To

All General and Standalone Health Insurers (except ECGC, AIC)

Re: Guidelines on Standard Individual Health Insurance Product

1.         Attention is drawn to Clause 22 of Guidelines on Standard Individual Health Insurance Product (Ref: IRDAI/HLT/REG/CIR/001/01/2020 dated 01.01.2020) wherein General and Health insurers are mandated to offer Standard Individual Health Insurance Product “Arogya Sanjeevani Policy” from 1st April 2020 onwards.

2.         In partial modification of the above referred clause of the guidelines, it is clarified that the insurers can start offering “Arogya Sanjeevani Policy” before 1st April, 2020 and should ensure that this product is definitely offered on or before 1st April, 2020. However, if any insurer is currently not offering indemnity based health insurance products at all, the above stipulation will not apply to those. As and when those insurers start offering indemnity based health insurance products, they will have to also offer the standard product “Arogya Sanjeevani Policy”.

3.         This has approval of the competent Authority.

D V S Ramesh,

General Manager(Health)