Bajaj Allianz Critical Illness Insurance

Bajaj Allianz’s Critical Illness Policy covers the financial burden due to a critical illness with a lump sum payment of up to Rs.50 lakh.

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  Aid for critical diseases

  Get a lump sum payment if diagnosed with a critical illness stated in the policy.

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  10 critical diseases covered

  The policy covers 10 critical illnesses, including first heart attack and major organ transplantation.

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  Cover up to Rs.50 lakh

  Get a sum insured of up to Rs.50 lakh for covering the expenses incurred due to a critical illness.

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  Flexibility of usage

  Use the policy amount for treatment, lifestyle changes, donor expenses, or for a treatment abroad.

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  Easy claim procedure

  Settle the claims in an easy manner with in-house claim procedures.

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  Get aid after diagnosis

  Get the policy amount after the disease is diagnosed and the insured person survives 30 days after the diagnosis.

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  Affordable premium

  Pay an affordable premium amount to avoid the burden of unforeseen medical expenses.

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  Lifetime renewals

  The policy is payable annually and under normal circumstances, lifetime renewal benefit is available.

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  Tax benefits

  Get tax exemption on premium paid for the policy under Section 80D of Income Tax Act.

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  Month-long grace period

  Get a grace period of 30 days to renew the policy, medical expenses are not admissible during this period.

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  Free look period

  If not satisfied with the policy terms, cancel the policy within first 15 days.

Here are the requirements for this policy:

The Critical Illness Policy is easy to apply and use. Here’s how it functions: