Suffering from disabilities after an accident can make a person unfit for their existing occupation or line of work. In such cases, the patient often risks losing their primary source of income. However, an insurance policy that offers cover for any expenses incurred due to retraining in any line of work can help the patient restart their career with a financial cushion.
FlexiCare Group Insurance Policy - Accidental Disability, Modification, and Retraining expenses cover from Manipal Cigna Health Insurance Co. Ltd. covers any expenses incurred in getting trained in any line of work after a disability caused by an accident.
Coverage 1 |
Sum insured up to |
Coverage 2 |
Sum insured up to |
Coverage 3 |
Sum insured up to |
PTD |
Rs. 2 lakh |
PTD |
Rs. 3 lakh |
PTD |
Rs. 4 lakh |
PPD |
Rs. 2 lakh |
PPD |
Rs. 3 lakh |
PPD |
Rs. 4 lakh |
Modification allowance cover |
Rs. 20,000 |
Modification allowance cover |
Rs. 20,000 |
Modification allowance cover |
Rs. 20,000 |
Retraining expenses cover |
Rs. 20,000 |
Retraining expenses cover |
Rs. 20,000 |
Retraining expenses cover |
Rs. 20,000 |
Premium (including GST) |
Rs. 124 |
Rs. 164 |
Rs. 204 |
Eligibility: Individuals between the age of 18 and 65 years can avail this plan. The age is taken as on the last birthday.
Plan Validity: The plan is valid for a tenor of one year.
If the policyholder suffers from an injury due to an accident covered under the policy and directly results in undergoing a surgical procedure covered under the policy and suffers permanent partial disablement of the nature specified below, the cash coverage will be payable. The illness or accident must occur within the policy year. The cash cover is payable as per the policy schedule within 365 days from the date of the injury if caused due to an accident.
The cover will be payable if:
If the policyholder suffers from an injury due to an accident covered under the policy and directly results in undergoing a surgical procedure covered under the policy and suffers permanent total disablement of the nature specified below, the cash cover will be payable. The illness or accident must occur within the policy year. The cash coverage is payable as per the policy schedule within 365 days from the date of the injury if caused due to an accident. For this policy, a limb means a hand at or above the wrist or a foot above the ankle, and physical separation of one hand or foot means separation at or above the wrist or at or above the ankle, respectively.
The cover will be payable if:
If the policyholder suffers an injury during the policy year due to an accident caused by an event covered under the policy directly results in the permanent total disablement or permanent partial disablement of the policyholder within 365 days. If the policyholder is disabled to the extent that necessarily requires them to modify their vehicle or make modifications in their house to adjust to the disablement, the sum insured will be paid as specified in the policy schedule.
If the policyholder undergoes an accident due to an event covered under the policy and as a direct result incurs an injury resulting in permanent total disablement, permanent partial disablement or mental disability, however, is capable of taking up an alternate occupation that requires training, any expenses incurred will be paid. The payout is up to the limit as specified in the policy schedule or certificate of insurance. The payout manages reasonable costs incurred to retrain the policyholder for an alternative occupation either in the line of work of the policyholder or elsewhere.
Note: For definitions of permanent total disablement, permanent partial disablement, temporary total disablement, or coma, please refer to the product brochure before concluding a sale.
Click on the ‘Buy Now’ button on this page 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.
In case you have any queries about coverage, exclusions, or claims, please write to us at wecare@bajajfinserv.in.
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 ManipalCignaFlexiCare Group Insurance Policy, UIN: MCIHLGP20120V011920. Purchase of this product is purely voluntary in nature. BFL does not compel any of its customers to mandatorily purchase any third-party products.