ManipalCigna Health Insurance - Accident - Education Fund Benefit cover starts at Rs. 79
Product highlights
Note: This policy is available only for existing Bajaj Finance Limited customers. By proceeding, you agree to the terms and conditions
Key features and benefits
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Coverage of up to Rs. 4 lakh, starting at Rs. 79
Covers education expenses for the dependent child below the age of 25 years. Avail the coverage if the insured person suffers permanent total disability or death due to an accident.
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Education cover
If an accident results in the unfortunate death of the insured, then his/her child/children will receive the sum insured. The policy offers coverage towards their education during the policy period.
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Treatment charges covered
This policy covers the treatment charges of the insured in case of an accident. This includes hospital room rent, ICU, transfusion, doctor fees, medicines, and tests.
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End-to-end online process
Complete six simple steps and get your policy online.
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No documents required to buy
When buying Accident – Education Fund Benefit cover, you do not need to present any documents at the time of making the purchase.
Eligibility criteria and documents required
You need to fulfil the following criteria to buy Accident – Education Fund Benefit cover. If you meet all the eligibility criteria, we will need a few details to complete your application process.
Eligibility criteria
- Exclusively for Bajaj Finance customers
- Nationality: Indian
- Age: 18-65 years
Documents required
No documents required to buy the policy.
You only need to provide the following details at the time of buying the policy:
- Name
- Address
- Email address
- Phone number
Step-by-step guide to buy this policy
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Step 1
Click on the ‘Buy Now’ button on this page.
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Step 2
Enter your full name as on your PAN card and mobile number and press the ‘Proceed’ button.
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Step 3
Enter the One Time Password (OTP) received on your registered mobile number for verification.
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Step 4
If your mobile number is present in our records, your pre-filled details will appear on the form. All you need to do is to check if the details are correct.
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Step 5
At this point, the payment page will open. Complete the online payment through UPI, net banking, credit/debit cards, or wallet.
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Step 6
After the payment is successful, you can download the policy receipt instantly.
Download the policy document from ‘My Account’ after 5-7 working days from the purchase date.
Policy details
Here’s a quick look at the policy details of Accident - Education Fund Benefit cover:
- Premium of Rs. 79
- Premium of Rs. 139
- Premium of Rs. 254
| Policy details | Description |
|---|---|
| Sum insured (in Rs.) | 1 lakh |
| Premium including GST (in Rs.) | 79 |
| Policy tenure | One year |
| Policy details | Description |
|---|---|
| Sum insured (in Rs.) | 2 lakh |
| Premium including GST (in Rs.) | 139 |
| Policy tenure | One year |
| Policy details | Description |
|---|---|
| Sum insured (in Rs.) | 4 lakh |
| Premium including GST (in Rs.) | 254 |
| Policy tenure | One year |
Key inclusions and exclusions
Here’s a quick look at the key inclusions and exclusions under Accident - Education Fund Benefit cover:
- Key inclusions
- Key exclusions
| Key inclusions | Description |
|---|---|
| Children education fund | Covers tuition fees of dependent child. |
| Accredited institution | Covers dependent child below 25 years of age studying full time at an accredited educational institution. Coverage offered if the child has no independent source of income. |
| Claim admissibility | Pays the legal guardian if the dependent child is a minor. In case of more than one child, amount gets divided equally. |
| Key exclusions | Description |
|---|---|
| Any pre-existing disease | No pre-existing medical illness covered |
| Adventure sports accidents | Accidents suffered because of participating in adventure sports activities not covered |
| Initial waiting period | Initial waiting period of 30 days |
Product information
For complete details on product benefits, features, terms, and exclusions, please read the product brochure and policy wordings carefully before buying a policy.
How to claim
You can contact the insurer (ManipalCigna Health Insurance) to claim the benefits of Accident - Education Fund Benefit cover by email or phone:
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Insurer’s email address
Share your policy document and medical reports at servicesupport@manipalcigna.com.
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Insurer’s toll-free number
You can also call on the toll-free helpline number - 1800-102-4462 and claim the benefits.
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Documents required to claim
To claim the benefits of Accident – Education Fund Benefit cover, you need to present the following documents:
1. Policy document
2. Discharge summary
3. Complete billing details
4. Medical and investigation reports -
Contact Bajaj Finance Ltd.
In case you have any queries related to coverage, exclusions, or product policy, please write to us at wecare@bajajfinserv.in.
Frequently asked questions
Accident - Education Fund Benefit cover by ManipalCigna Health Insurance offers parents with children’s education cover. The policy covers you against permanent total disability or death due to an accident. You get coverage to continue funding your children’s education in case of loss of income due to the mishap.
Accident - Education Fund Benefit cover keeps your child financially covered. If the insured suffers permanent total disability or death, the policy offers coverage to fund the child’s education. It helps your child continue education without worrying about funds.
You can contact the insurer by writing to them at servicesupport@manipalcigna.com or calling on the toll-free number 1800-102-4462.
Accident - Education Fund Benefit plan covers children’s education. The plan offers coverage to fund education of children below 25 years of age. You get the coverage if the child does not have any independent financial means. The plan offers coverage to a full-time student at an accredited educational institution.
Accident - Education Fund Benefit cover does not cover any pre-existing diseases, which may result in permanent total disability. Does not cover any accident resulting from adventure sports activities. Read the policy document to know the list of exclusions.
