If you are an Indian, you have this life insurance already under Ayushman Bharat Yojana.

India is the second-most populous country in the world. It has a workforce of people that belong to different income strata. India is also deemed as a developing country. This implies a large number of people belong to low-income groups. The Government takes various steps for the social welfare of the population of India so that their standard of living can improve. Various social security schemes and measures are, therefore, introduced with this aim in mind. One such scheme which the Government introduced in the year 2018 was the Ayushman Bharat health insurance scheme. Let’s understand this scheme in details:

1. The coverage level under the policy is INR 5 lakhs. This coverage is allowed on a family floater basis.
2. Any number of family members can be covered under the plan. There is not even an age restriction on the age of family members. Members of all ages can be covered.
3. The claims would be settled on a cashless basis and the insured member can avail cashless treatments.
4. This is a free Government health insurance plan for which the insured member does not have to pay any premiums. The cost of coverage is borne by the Government itself.
5. Families identified under the eligibility norms and categories in the SECC database are automatically covered. They don’t have to enroll for the scheme formally.

To know more about it, go on https://pmjay.gov.in/about/pmjay to check your eligibility criteria and other details!