Global Accident Insurance: Bajaj Allianz Global Personal Guard Policy

Bajaj Allianz Global Personal Guard Policy

The recent times have proved the necessity of securing a health insurance, in order to be prepared to handle unfortunate medical emergencies or sudden accidents. Sudden emergenices can burn a huge hole in your pocket, especially if you are a 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’s General Insurance Company Ltd offers a perfect plan known as “Global Personal Guard Policy” that guards you from 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 & Benefits

  • One plan multiple options:

    The plan offers 3 base and 12 optional coverage options, and gives the freedom to customers to select from these base and optional plans.

  • 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, the disappearance of the insured person, EMI payment and loan protector.

  • Permanent Total Disability:

    In case the policy owner sustains a serious accidental bodily injury throughout the policy term which directly or independently causes permanent total disability within 12 months from the date of that accident, then the insurer will agree to pay based on the list of permanent disabilities mentioned in the policy document.

  • Permanent Partial Disability:

    In case the policyholder sustains a critical accidental bodily injury which 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.

  • 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.

  • 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.

  • Air Ambulance Cover

    The optional air ambulance cover will pay for emergency air ambulance expenses from the accident site to the nearest hospital.

  • Loss of Income due to disability

    This policy covers you against loss of income due to disability as a result of an accidental injury.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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

Premium Calculator

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, to know more about the premium rates in detail please click

How to buy the policy

  • To apply the Bajaj Allianz Global Personal Guard Policy, click on the “Apply Now” button and fill in your basic and health details.
  • Ensure that the information given in the form is complete and accurate.
  • You may be required to undergo a pre-policy medical examination at our network diagnostic centers.
  • 100% of the cost of the pre-policy medical examination will be refunded if the policy is issued
  • Policy schedule, policy wordings, cashless cards and health guide will be sent to your mailing address.

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 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.

Reimbursement Claims:

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

  1. Ailments requiring treatment due to use or abuse of any substance, drug or alcohol and treatment for de-addiction.
  2. Circumcision unless required for the treatment of Illness or accidental bodily injury.
  3. 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.
  4. Human Immunodeficiency Virus or Variant/mutant viruses and or any syndrome or condition of a similar kind commonly referred to as AIDS.
  5. Plastic surgery unless necessary for the treatment of cancer, burns or accidental bodily injury.
  6. Treatment for any mental illness or psychiatric illness, Parkinson's disease.
  7. 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.
  8. Refer to the policy brochure to know further exclusions in detail.

Claim/Assistance Contact Details

BFL Helpline Number: 08698010101

Aditya Birla Health Insurance: 1800-103-2529

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).