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In case of an injury or an illness, if one is unable to return to work, there’s a higher risk of losing one’s monthly income. Such a situation can cause immense financial strain on a family. However, an insurance policy that offers a monthly salary in such cases can be of immense help in relieving this financial burden.
Group Protect - Income Protect Cover 36-50years from Aditya Birla Health Insurance Co. Ltd. offers a monthly pay-out to people between 36 and 50 years of age who are unable to return to work due to an injury or an illness.

Plan Details

Sum Insured (Rs.)

Premium incl. taxes (Rs)

Monthly salary up to Rs. 1 lakh


How to calculate – monthly salary e.g 50000*0.54% - Rs. 270

Eligibility: This plan can be taken by individuals between the age of 36 and 50, as on the last birthday. 

Plan Validity: The plan is valid for a tenor of one year.

What's Covered

  • Money-in-bank

    Income protection benefits

    Here are some of the benefits covered under this plan.

    1. Income protect offers a monthly salary of up to Rs. 1 lakh.
    2. If the policyholder gets hospitalized as an in-patient due to an injury or an illness, in an excess of up to 7 consecutive days which disables them from engaging in activities of daily routine, from performing duties of any employment during the policy period, the policyholder is eligible for a payout.
    3. The period of payment is 3 months.
    4. The primary member for this coverage can be either males or females provided they are salaried individuals. 
    Note: For definitions of permanent total disablement, permanent partial disablement, temporary total disablement, or coma, please refer to the product brochure before concluding a sale.

What is Not Covered / Exclusions

Here's what is not covered in this plan.

  1. Any voluntary unemployment, self-resignation, or voluntary retirement.
  2. If the event occurs prior to the start date or arises within the initial waiting period.
  3. If the employer withdraws the offer of employment.

*For a complete list of exclusions, please refer to the policy wordings.

Waiting Period

The deductible period for this cover is 30 days, whereas the initial waiting period for exclusion is 90 days.

How to apply


Click on the ‘Buy Now’ button on this page and share your basic details in the online application form.


Check and confirm your application by entering the OTP received on your mobile number.


Pay the premium via credit/debit card, UPI, mobile wallet, or any other available online payment mode.


You will receive the details of your membership via email/WhatsApp.

Claim Process

You can raise a claim by reaching out to the insurer via one of the following ways:

Contact Us

In case you have any queries related to coverage, exclusions, or claims, please write to us at

Disclaimer - *Conditions apply. This product is offered under the Group Insurance scheme wherein Bajaj Finance Limited is the Master policyholder. Our partner Insurance Company provides the insurance coverage. Bajaj Finance Limited does not underwrite the risk. IRDAI Corporate Agency Registration Number CA0101. The benefits mentioned above and the 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 Aditya Birla Health Insurance Co. Ltd. Group Protect Policy, UIN: ADIHLGP21056V022021. Please refer to the insurer's website for Policy Wordings. Purchase of this product is purely voluntary. BFL does not compel any of its customers to purchase any third party products mandatorily.

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