Family Health Insurance

Family Health Insurance

Cover your loved ones against any kind of illness or accident with a Family Health Insurance plan. Pay one single premium and provide a health insurance for yourself, your spouse and your kids. Pay for the hospitalization charges, consultation fees, and even medicines with a comprehensive cover from Family health plans offered through Bajaj Finance Ltd. Save time and money with a hassle-free medical coverage for your entire family.

Features & Benefits

  • education loan

    Coverage up to Rs.50 lakh

    Get a sum insured up to Rs. 50 lakh and pay the medical bills of your entire family.

  • Hassle-free

    Pay just one single premium amount and get the best medical treatment for the whole family.

  • Save tax

    Save up to Rs.60,000 on income tax under Section 80D.

  • Add a member easily

    Add a family member to your existing family health insurance policy without any hassle.

  • Long-term benefits

    Get a long-term policy discount of 4% for 2 years and 8% for 3 years.

  • Cover various charges

    Cover variety of expenses like organ donor, maternity and newborn baby, bariatric surgery, or even Ayurvedic and Homeopathic hospitalization with just one single policy.

  • Long-term benefits

    No need to take a medical test for up to 45 years of age, subject to clean proposal form.

  • Free preventive tests

    All policyholders are eligible for a free preventive health check-up every 3 years, irrespective of a claim.

  • Ambulance charges

    Get a cover for ambulance charges up to Rs.20,000 in a policy year.

Eligibility for Family Health Insurance

• The family members are between the age of 18 to 65 years.
• The age of dependent children should be between 3 months to 30 years.

Exclusions for Family Health Insurance Policy
Following expenses are not covered under this policy:
• Any diseases caused due to the consumption of addictive substances like alcohol, drugs etc.
• Sexually Transmitted Diseases (STDs) like AIDS or HIV are excluded from the Family Health Insurance Policy.
• Any disease contracted during the first 30 days of the policy period is not covered.
• Certain diseases will be covered after a waiting period, like 3 years for any pre-existing diseases, joint replacement, PIVD, and bariatric surgery.
• Diseases like hernia, piles, cataract and sinusitis shall be covered after a waiting period of 2 years and maternity/newborn baby expenses will be covered after 6 years waiting period.

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.”