In the unforeseen event of permanent total disablement of a family’s sole breadwinner, the household expenses can be difficult to manage. And with rising costs of education, keeping up with a child’s education may be even more challenging. Get covered against these risks, with an insurance policy that safeguards your child’s education, during such challenging times. FlexiCare Group Insurance Policy - Education Fund Benefit from Manipal Cigna Health Insurance supports the education of the dependent child if the policyholder suffers from permanent total disablement due to an illness or an injury. The payout helps with the child’s education up to 25 years of age.
Sum Insured up to
Premium Including GST
Eligibility: You are eligible for the Education Fund coverage if you are between 18 and 65 years of age, as on the last birthday.
Plan Validity: The plan is valid for a tenor of one year.
If the policyholder suffers from an illness or injury caused by an accident covered under the policy that directly results in permanent total disablement, the sum insured will be paid. The accident or illness must occur within the policy year. The payout will be as specified in the policy schedule regarding the tuition fees paid towards the dependent child’s education for the policy period. The payout will be irrespective of whether the child (children) is insured under this policy.
Any pre-existing diseases.
*For a complete list of exclusions, please refer to the policy wordings.
The initial waiting period for this cover is 30 days, whereas the specific illness waiting period is 24 months.
Specified disease or procedure waiting period
Since the inception date of the cover, a waiting period specified in the policy schedule shall apply to all treatments. The following treatments, medical or surgical, for all medical expenses along with their complications, are not covered:
skin tumours, and any Breast lumps (unless malignant), Polycystic Ovarian diseases
If these diseases are pre-existing diseases at the time of proposal or subsequently found to be pre-existing, the waiting periods mentioned in the policy schedule shall apply.
In case you have any queries about coverage, exclusions, or claims, please write to us at firstname.lastname@example.org.
Disclaimer - *Conditions apply. This product is offered under the Group Insurance scheme wherein Bajaj Finance Limited is the Master policyholder. The insurance coverage is provided by our partner Insurance Company. Bajaj Finance Limited does not underwrite the risk. IRDAI Corporate Agency Registration Number CA0101. The above-mentioned benefits and premium amount are subject to various factors such as age of insured, lifestyle habits, health, etc (if applicable). BFL does NOT hold any responsibility for the issuance, quality, serviceability, maintenance and any claims post sale. This product provides insurance coverage under Aditya Birla Health Insurance Co. Ltd.Group Activ Health Policy, UIN: ADIHLGP21134V022021. Please refer insurer's website for Policy Wordings. Purchase of this product is purely voluntary in nature. BFL does not compel any of its customers to mandatorily purchase any third-party products.”