Bajaj Allianz's Health Guard is a holistic health insurance policy that covers the treatment expenses incurred during hospitalisation resulting from serious illness or accident. The policy offers comprehensive benefits at an affordable price that suits all your needs. It helps you stay financially prepared for any medical emergencies. There are two plans covered in this policy, the silver and gold plan.
Here are the key features and benefits under the policy:
The policy covers in-patient hospitalisation expenses if you are hospitalised on the advice of a doctor, as defined under the policy. The need for hospitalisation is because of illness or accidental bodily injury sustained or contracted during the policy period.
The insurance policy covers medical costs incurred due to an illness or injury from 60 days immediately before hospitalisation.
The policy covers the medical costs incurred due to an illness or injury for 90 days immediately after hospitalisation.
Avail of daily cash benefit of Rs. 500 for up to 10 days as accommodation charges, under each policy year. The coverage is offered for in-patient hospitalisation treatment. It is applicable on policies with a term of more than one year.
The policy offers 100% reinstatement on the sum insured if the in-patient hospitalisation treatment cover gets exhausted during the policy term.
The policy offers free health check-up after the completion of three policy years. The insurer will reimburse the amount equal to 1% of the sum insured of up to Rs. 2,000 for each member in the individual policy, during the block of three years. You may call the insurer on the toll-free numbers: 08698010101/1800-209-0144/1800-209-5858 for the arrangement of the health check-up.
The policy covers ayurvedic/homeopathic hospitalisation treatment expenses for more than 24-hour in-patient hospitalisation to a maximum of Rs. 20,000 per policy term.
Get coverage for medical expenses as listed in the policy brochure under in-patient hospitalisation treatment cover for day-care procedures/surgeries taken as an inpatient in a hospital or day care centre but not in the outpatient department.
The insured can avail of Rs. 5,000 per policy year in the event of hospitalisation for treatment of a disease/illness/injury. The coverage is given for hospitalisation of a continuous period that exceeds 10 days, provided the hospitalisation claim is accepted under inpatient.
The policy covers an organ donor's treatment up to the sum insured.
The policy offers ambulance expenses up to Rs. 20,000 during the policy period.
Get coverage for maternity and medical expenses of a new-born baby.
Get income tax benefit as per section 80D of the Income Tax Act for the premium paid towards this policy.
Here are the details of the policy:
|Bajaj Allianz Health Guard Insurance Plan|
|Policy type||Individual (self only)/family floater|
|Entry age||Children – 18 years
Adults – 65 years
For dependent children- renewable up to 35 years
|Policy term||One, two and three years|
|Sum insured||Health Guard–Silver plan: Rs. 1.5 lakh and Rs. 2 lakh
Health Guard–Gold plan: Rs. 3 lakh- Rs .50 lakh
The plans are available starting from Rs. 2,973 and offers a maximum coverage of Rs. 50 lakh.
Here are the steps to purchase the policy:
Here how you can process a claim:
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:
If pre-authorisation under cashless claim procedure mentioned above is denied by the insurer or if treatment at a non-network hospital or if you do not wish to avail of the cashless facility, then the following procedure must be followed:
Here are the mandatory documents required to raise a claim:
Here are some of the exclusions under the policy:
Here’s the waiting period to seek benefits for the following conditions:• Bariatric surgery cover is subject to a waiting period of 36 months from the date of first commencement of this policy
Note: Refer to the policy brochure to know further exclusions in detail.
For claim/assistance, you can contact the insurer/us through one of the following ways:
BFL Helpline Number: 08698010101
Bajaj Allianz General Insurance Helpline Number: 1800-209-0144/1800-209-5858
Mailing address: Ground Floor, Bajaj Finserv Corporate Office, Off Pune-Ahmednagar Road, Viman Nagar, Pune – 411014.
There are multiple sum insured options in Bajaj Allianz Health Guard Policy. The sum insured options offered under the Silver Plan are Rs. 1.5 lakh and Rs. 2 lakh. Health Guard Gold Plan offers sum insured starting from Rs. 3 up to Rs. 50 lakh, as per the policy chosen.
The entry age for Bajaj Allianz Health Guard Policy is 18 to 65 years for proposer, spouse, parents, sister, brother, father-in-law, mother-in-law, aunt, or uncle. It is 3 months to 30 years for dependent children/grandchildren.
Bajaj Allianz Health Guard Silver Plan is designed to suit all the healthcare needs of a family. This plan covers the following benefits:
• In-patient hospitalisation treatment
• Pre-and post-hospitalisation expenses
• Road ambulance charges
• Day care procedures
• Cost of organ donation
• Benefits of recuperation
• Daily monetary benefits for accompanying a child who is covered
• Sum insured reinstatement benefit
• Health check-ups as a preventative measure
Bajaj Allianz Health Guard Gold Plan offers coverage for the following benefits:
1. In-patient hospitalisation treatment
2. Pre-and post-hospitalisation expenses
3. Road ambulance charges
4. Day care procedures
5. Expenses of organ donors
6. Benefits of recuperation
7. Daily cash benefit
8. Sum insured reinstatement benefit
9. Preventive health check-up
10. Expenses for ayurvedic/homeopathic hospitalisation
11. Maternity expenses
12. New born baby cover
13. Bariatric surgery cover
Bajaj Allianz Health Guard Policy can be purchased for a term of one/two/three years. It is a comprehensive plan that covers medical treatment costs incurred while in the hospital as a result of a major sickness or accident. This policy covers the policyholder, his or her spouse, and up to four dependent children. For parents and in-laws, a separate policy can be purchased.
Bajaj Finance Limited (BFL) is a registered corporate agent of third-party insurance products of Bajaj Allianz Life Insurance Company Limited, HDFC Life Insurance Company Limited, Future Generali Life Insurance Company Limited, Bajaj Allianz General Insurance Company Limited, Tata AIG General Insurance Company Limited, ACKO General Insurance Limited, Max Bupa Health Insurance Company Limited, Aditya Birla Health Insurance Company Limited, and Manipal Cigna Health Insurance Company Limited under the IRDAI composite registration number CA0101.
Please note that BFL does not underwrite the risk or act as an insurer. Your purchase of an insurance product is purely voluntary after you exercise independent due diligence on the suitability, viability of any insurance product. Any decision to purchase an insurance product is solely at your own risk and responsibility and BFL shall not be liable for any loss or damage that any person may suffer, whether directly or indirectly. This product provides insurance coverage under Bajaj Allianz Health Guard Policy, UIN: BAJHLIP21227V042021. Please refer insurer's website for policy wordings. For more details on risk factors, terms and conditions, and exclusions please read the product sales brochure carefully before concluding a sale.
Tax benefits applicable if any will be as per the prevailing tax laws. Tax laws are subject to change. BFL does not provide tax/investment advisory services. Please consult your advisors before proceeding to purchase an insurance product.