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Offer standard health policy: IRDAI to insurers

The Insurance Regulatory and Development Authority (IRDAI) has mandated all general and health insurance companies to offer a standard health insurance product — Arogya Sanjeevani Policy — covering basic expenses related to hopitalisation, pre- and post-admission treatment and Ayush treatment. Both non-life insurers and standalone health insurers will offer this policy from April 1, 2020.

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