Upon the policyholder's death, the nominee receives the fixed sum assured chosen during the plan purchase.

Following the steady increase in inflation, the base sum assured increases either by 10% after every 5 years of the policy until the cover amount doubles, or continues (until it doubles) till the policyholder reaches 71 years.

Catering to changing personal and financial goals and requirements, you, the policyholder, can increase the cover amount during significant life stage events without additional follow-ups from the underwriting team. So, whether it’s your marriage (increase by 50% of the base sum assured, up to ₹50 lakhs), birth/adoption of 1st and 2nd child (increase by 25% of the base sum assured, up to ₹25 lakhs), or the purchase of a house (available only once during the policy tenure, up to ₹50 lakhs or the home loan amount, whichever is lower).

Say you are diagnosed with a terminal ailment. The doctors (1 from your end and the other from the insurer’s team) offer a written declaration of a poor prognosis with only a few months to live. In this case, the insurer offers a sum of ₹2 crores (the maximum is up to the sum assured) to the policyholder, provided the diagnosis is conducted within the policy tenure or before the policyholder turns 80. However, if the terminal illness amount is less than the base cover, the balance is paid out in the event of the policyholder's death. Also, this amount can be paid as a lump sum, a monthly instalment, or a combination of a lump sum and a monthly instalment.

Better Half Benefit: The policyholder's spouse has coverage after the former’s death. This cover stays intact till the maturity year of the base plan as chosen by the primary policyholder. Upon the diagnosis of terminal illness or in the event of the death of the spouse, the insurer pays you ₹25 lakhs as a lump sum in the mode of a Level Cover, irrespective of the payment option chosen for the base policy. However, this cover can only kick in if the spouse hasn’t reached 60 during the policyholder's death. Accidental Death Benefit Rider: If the policyholder passes away within 120 days of the accident, the insurer pays the Accidental Death Benefit Rider sum assured to the nominee. Accidental Total & Permanent Disability Benefit Rider: If the policyholder is left totally and permanently disabled due to an accident, the insurer offers an assured sum to the policyholder.

The death benefit is equal to the sum assured chosen during the commencement of the policy.

The covered amount increases by 5% yearly (simple interest) to cater to increased inflation or changing personal financial requirements.

In case the policyholder passes away due to an accident during the policy term (death has to be within 120 days from the date of the accident), the beneficiary receives a substantial amount that is over and above the base cover amount.

If the policyholder is left totally and permanently disabled due to the accident ( the permanence of the disability has to be established 180 days following the date of the accident leading to this disability), the insurer offers a considerable amount. Please note: The total sum assured for these two riders is capped at ₹50 lakhs (additionally, the amount cannot exceed your base sum assured).

The plan offers coverage for OPD, in-hospital admissions, daycare treatments, ambulance charges, pre and post-hospitalisation expenses, maternity charges, HIV/AIDS treatment costs, and more. These features, however, come with certain disease-wise sub-limits and an extensive waiting period of 48 months for pre-existing medical conditions.

Arogya Shield’s term insurance component extends a significant amount as a death benefit with no available riders to customise the plan. This pure-term insurance plan kicks in upon the death of a policyholder and offers financial protection to the family by acting as an income substitute for the deceased family member.