When it comes to insurance, we tend to think more about our family than ourselves, and children being its integral part we try to grab every single chance of securing their future. The FlexiCare Group Insurance Policy - Mediclaim Comprehensive Marriage Benefit for Dependent Children plan offered by Bajaj Finance by collaborating with Manipal Cigna Health Insurance brings you an opportunity to secure your dependent child's future. As per this policy, the dependent child whose age is less than 25 years will get a sum insured cover of Rs. 1,00,000 if the insured person suffers an illness or injury due to an accident that directly results in his/her permanent total or permanent partial disablement. As a result, this insurance policy will help you to take care of the finances of your child who is financially dependent on you. Therefore, the coverage amount can be used for further studies, self-employment, marriage, or for any medical, health, and other expenses of your child.
Premium Including GST (Rs. )
Sum Insured (Rs. )
Rs. 1 lakh
Eligibility Criteria: Individuals belonging to the age group of 18 to 65 years can apply for this policy.
Plan Validity: Policy/Cover Tenor will be valid for one year.
The coverage as specified above shall be paid if the insured person suffers an accident/injury during the policy year resulting in permanent total disablement or permanent partial disablement. The age of the dependent child/children should be below 25 years and he/they should be unmarried on the date of the incident (unless specified otherwise). Financial assistance is provided irrespective of whether or not the child is an insured person under this policy.
If the dependent child is a minor, the sum insured will be paid to the parent/legal guardian.
The sum insured will be paid fully to the child if only one child is specified under this policy. However, in the case of more than one child, the sum insured will be divided equally among all the eligible children.
|Waiting period type||Waiting Period|
|Initial Waiting Period||30 days|
|Specific Illness Waiting Period||24 months|
Click on ‘Apply Now’ button and share your basic details in the online application form.
Check and confirm your application by entering the OTP received on your mobile number.
Pay the premium via credit/debit card, UPI, mobile wallet, or any other available online payment mode.
You will receive the details of your membership via email/whatsapp.