Introduction
EMI is good option to fulfill your daily needs without disrupting your monthly budget. However, in case of unexpected illness/hospitalisation, it can become difficult to be able to pay your EMIs. To overcome such contingencies, Bajaj Finance brings to you Group Care 360 – EMI Protection/SIP cover from Care Health Insurance Co. Ltd. which helps you with benefit in case of inability to pay EMIs due to hospitalization.
Plan Details
| Hospitalization | Benefit | Fee (Per Rs. 1000 of the EMI Incl. GST) |
|---|---|---|
| 4 to 6 days | 1 EMI | Rs. 123 |
| 7 to 9 days | 2 EMIs | Rs. 123 |
| 10 days and above | 3 EMIs | Rs. 123 |
Waiting Period:
1. Initial waiting period: 30 days
2. Named ailments: 24 months
3. Pre-existing disease: 24 Months
What's Covered
-
Convalescence Benefit
If the Insured Member undergoes Medically Necessary Hospitalization, during the Cover Year, then the amount will be paid as opted, for every completed period (which has defined number of days) of hospitalization for each Claim provided that:
- Minimum Hospitalization Duration (Deductible) on that Claim is exhausted
- This Benefit will be payable for a maximum of 1 time in a Cover Year (for different injury causing events leading to Hospitalization) and maximum 3 EMI payments per hospitalization.
For list of exclusions, please refer to the policy wordings.
Claim Process
Insurer’s E-mail – claims@careinsurance.com
Insurer’s Toll free number – 1800-102-4488
How to Apply
1.
Click on ‘Apply Now’ button and share your basic details in the online application form.
2.
Check and confirm your application by entering the OTP received on your mobile number.
3.
Pay the premium via credit/debit card, UPI, mobile wallet, or any other available online payment mode.
4.
You will receive the details of your membership via email/whatsapp.
Contact Us
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.