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Bajaj Allianz Critical Illness Insurance

Bajaj Allianz Critical Illness Health Plan

Bajaj Allianz’s critical illness policy offers a comprehensive coverage against medical expenses incurred for any critical illness treatment such as cancer, heart disease and other. This policy helps in reducing the financial burden and enables stress-free recovery at the time of medical emergency.

Key Features and Benefits

Here are the key features and benefits of critical illness policy:

  • Aid for critical diseases

    Get a comprehensive coverage against medical expenses for treatment if diagnosed with a critical illness stated in the policy.

  • 10 critical diseases covered

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

  • Cover up to Rs.50 lakh

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

  • Flexibility of usage

    You can use the policy amount for treatment, donor expenses, or for a treatment abroad.

  • Easy claim procedure

    Settle the claims easily with in-house claim procedures.

  • Affordable premium

    Avail the policy at an affordable premium to avoid the burden of unforeseen medical expenses.

  • Lifetime renewals

    Bajaj Allianz’s critical illness insurance policy is an annual policy that offers lifetime renewal option.

  • Tax benefits

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

  • Month-long grace period

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

  • Free look period

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

Eligibility Criteria

Here are the requirements for this policy:

• The applicant should be between the age of 18 to 65 years.
• Dependent children should be between 6 to 21 years.
Note: Sum insured will be Rs. 1 lakh to Rs. 50 lakh for 6 to 60 years and Rs. 1 lakh to Rs. 5 lakh for 61 to 65 years.

How to Avail the Benefits of Bajaj Allianz Critical Illness Policy

Here are the steps to avail the facilities offered under the Bajaj Allianz’s Critical Illness Policy:

  • Choose your sum insured amount
  • Provide your personal and medical details to the insurer
  • Take your pre-policy medical examination as per the policy requirements
  • Remember to renew the policy annually


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. Purchase of this product is purely voluntary in nature. BFL does not compel any of its customers to mandatorily purchase any third party products.

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