Bajaj Allianz Global Personal Guard Policy
Recent times have proved the necessity to acquire health insurance to stay prepared to handle unfortunate medical emergencies. Sudden emergencies can drain your savings, especially if you are the sole breadwinner of the family. A proper health cover ensures an adequate and proper health treatment for you and your family, without worrying about the medical expenses.
Bajaj Allianz General Insurance Company Ltd. offers Global Personal Guard Policy a perfect plan that guards you against all these hardships. This plan aims to offer global coverage in case of death, disability and injuries due to accidents. This policy is true to its name and is one policy giving you a world of protection.
Key Features and Benefits
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One plan multiple options
The plan offers three base and 12 optional coverage options enabling the customers to choose from these base and optional plans.
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360-degree protection
Provides financial protection for several adventure sports such as sky sports, water sports, mountain sports, racing sports, etc. The plan also offers air ambulance and coverage against disappearance, in case the insured person is missing. It also provides EMI payment option and loan protector.
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Permanent total disability
The policy provides coverage in case the policy owner sustains a serious accidental bodily injury during the policy term that directly or independently causes permanent total disability within 12 months from the date of that accident. The insurer will provide the coverage based on the list of permanent disabilities mentioned in the policy document.
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Permanent partial disability
In case the policyholder sustains a critical accidental bodily injury that directly or independently causes permanent partial disability, during the policy term within 12 months from the date of the accident, the insurance company will pay some amount (in percentage) to the policyholder.
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Accidental hospitalisation expenses
This is an optional coverage that protects you against medical expenses incurred in case you are hospitalised for a minimum of 24 hours or have undergone any of the listed day-care procedures because of an accidental injury. Pre and post hospitalisation expenses are also covered in this case.
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Adventure sports benefit
This policy provides an optional cover against death or permanent total disability caused by accidental bodily injury while engaged in any non-professional adventure sports under supervision.
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Air ambulance cover
The optional air ambulance cover will pay for emergency air ambulance expenses from the accident site to the nearest hospital.
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Loss of income due to disability
This policy covers you against loss of income due to disability as a result of an accidental injury.
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Children education benefit
Children education benefit is an optional cover that is payable towards the cost of education of your dependent children, in case of death or permanent disability due to an accident.
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Coma cover
In case you are in a comatose state due to an accidental injury, this policy provides an optional cover up to the sum insured.
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EMI payment cover
You can opt for this optional cover to insure your active EMI for 3 months in case of permanent partial disability due to an accidental injury, as per the policy terms.
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Fracture cover
Children education benefit is an optional cover that is payable towards the cost of education of your dependent children, in case of death or permanent disability due to an accident.
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Hospital cash benefit
Under this optional cover, in case of hospitalisation due to an accidental injury, you are eligible for a daily benefit amount up to 60 days.
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Loan protect cover
You can opt to receive an amount corresponding to the balance outstanding amount of your loan specified in the policy up to the sum insured opted under this optional cover.
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Travel expenses benefit
In case of hospitalisation due to accidental injury outside your city of residence, this optional cover would pay for travel expenses of a family member, up to the sum insured opted.
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Tax benefits
The health insurance plan offers tax exemptions under Section 80D of the Income Tax Act.
Policy Details
| Bajaj Allianz Global Personal Guard Policy | |
|---|---|
| Policy Type | Individual/Family Floater (For the customers of Bajaj Finance Ltd) |
| Entry Age | Entry age for adults:18 -70 years Children aged 3 months to 25 years |
| Renewal | Lifetime Renewable |
| Tenure | One, two and three years |
| Sum Insured | Rs. 50 lakh - Rs. 2 crore |
Plans Available
Health Insurance helps you to be stress-free while dealing with medical contingencies due to sickness and accidental injuries. The plans are available starting from Rs. 3197, with maximum coverage of Rs. 2 crore.
How to Purchase the Policy
In order to purchase the policy, follow these steps:
- To apply for the product, click on 'Apply Now' and fill in the necessary details
- Make the fee payment online using your preferred mode of payment
- Fill in your name and mobile number
- Complete the process by clicking 'Buy Now', you can also request a call back
List of documents to buy the policy
The following mandatory documents will be needed to purchase the policy:
- Photograph of the Applicant
- Age proof such as birth certificate, Voter’s ID, PAN card, passport etc.
- Identity proof such as passport, Aadhaar card, PAN card, Voter’s ID, etc.
- Income Proof such as Form 16, salary slips, employment certificate etc.
- Address proof such as telephone bill, electricity bill, passport, bank statement, Voter’s ID, etc.
- Medical Test that the insurer requires you to undergo.
How to process the claims
Cashless treatment is only available at a network hospital registered with Bajaj Allianz. To avail of the cashless treatment, the following procedure must be followed:
- Approach the network hospital with your policy details.
- The hospital will verify the details provided by you and send a pre-authorization form to the insurer.
- The insurer will verify the pre-authorization request and convey the policy coverage and other details to the hospital.
Planned Hospitalization
- Insured member should intimate such admission at least 72 hours before the planned admission.
- In case of emergency hospitalization, the insured member or his representative should intimate the insurance provider within 24 hours of admission.
- The insurer will send you or the network hospital, a pre-authorisation letter. The pre-authorisation letter, the ID card issued to you along with this policy and any other information or documentation that the insurer has specified must be produced to the network hospital identified in the pre-authorisation letter at the time of your admission to the same.
- If the procedure above is followed, you will not be required to directly pay for the medical expenses above the aggregate deductible in the network hospital.
- Original bills and evidence of treatment in respect of the same shall be left with the network hospital.
If pre-authorisation under cashless claim procedure mentioned above is denied by the insurer or if treatment is taken in a hospital other than a network hospital or if you do not wish to avail the cashless facility, then the following procedure must be followed:
- You or someone claiming on your behalf must inform us in writing immediately within 48 hours of hospitalisation
- The hospital all the documents to the insurer/All relevant hospital documents.
- In the event of the death of the insured person, someone claiming on his behalf must inform the insurer in writing immediately and send a copy of the post-mortem report (if any) within 30 days.
- The insurer shall not indemnify you for any period of hospitalisation of fewer than 24 hours, except for day-care procedures.
- The insurer shall make claim payment in Indian rupees only.
List of Documents Required for Claim:
The following mandatory documents will be needed to claim the policy:
- A consultation letter from the doctor.
- Duly completed claim form and NEFT form signed by the claimant.
- Original hospital discharge card.
- Original hospital bill giving a detailed break up of all expense heads mentioned in the bill with clear break-ups for OT charges, doctor’s consultation and visit charges, OT consumables, transfusions, room rent, etc.
- Original money receipt duly signed with a revenue stamp.
- Original laboratory and diagnostic test reports. E.g. X-ray, E.C.G, USG, MRI scan, hemogram etc.
- In case of a cataract operation, IOL sticker will have to be enclosed.
- Claim settlement letter from any other insurer (if any) in case of partial settlement.
- In cases of suspected fraud/misrepresentation, the insurer may call for any additional document(s) in addition to the documents listed above.
- Aaadhar Card & PAN card Copies (Not mandatory if the same is linked with the policy while issuance or in the previous claim)
Major Policy Exclusions
- Ailments requiring treatment due to use or abuse of any substance, drug or alcohol and treatment for de-addiction.
- Circumcision unless required for the treatment of Illness or accidental bodily injury.
- Cost of spectacles, contact lenses, hearing aids, crutches, artificial limbs, dentures, artificial teeth except for intrinsic fixtures used for orthopaedic treatments such as plates and K-wires.
- Human Immunodeficiency Virus or Variant/mutant viruses and or any syndrome or condition of a similar kind commonly referred to as AIDS.
- Plastic surgery unless necessary for the treatment of cancer, burns or accidental bodily injury.
- Treatment for any mental illness or psychiatric illness, Parkinson's disease.
- Vaccination or inoculation unless forming a part of post-bite treatment or if medically necessary and forming a part of the treatment recommended by the treating doctor.
- Waiting Period: • Initial Waiting Period: 30 Days
- Refer to the policy brochure to know further exclusions in detail.
• Pre-Existing waiting period: 3 years
• Specific illness Restriction: 2 years
Claim/Assistance Contact Details
BFL Helpline Number: 08698010101
Bajaj Allianz General Insurance Helpline Number: 1800-209-0144 /1800-209-5858
E-mail – wecare@bajajfinserv.in
Mailing address: Ground Floor, Bajaj Finserv Corporate Office, Off Pune-Ahmednagar Road, Viman Nagar, Pune – 411014.
*For claim related issues please refer your policy document or certificate of insurance (COI).
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 the 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 Bajaj Allianz Global Personal Guard Policy, UIN: IRDAI/HLT/BAGI/P-P/V.I/30/14-15. Please refer insurer's website for Policy Wordings. Purchase of this product is purely voluntary. BFL does not compel any of its customers to mandatorily purchase any third-party products.