Care Health Insurance

Care Health Insurance - Children's Education Cover at Rs. 189

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

  • Rs. 25,000 coverage, premium Rs. 189

    Rs. 25,000 coverage, premium Rs. 189

    Get coverage of up to Rs. 25,000 for two dependent children’s education. This is in case of the insured’s accidental death or hospitalisation.

  • Children’s education cover

    Children’s education cover

    In case of accidental hospitalisation, get the benefit of a fixed amount (Rs. 25,000 each) to facilitate education of two dependent children.

  • Accidental death benefit

    Accidental death benefit

    The dependent child gets an accidental death benefit of Rs. 10,000, in case of unfortunate death within 12 months from an accident.

  • End-to-end online

    End-to-end online

    You can easily buy the policy online through our 100% digital process in just a few steps.

Eligibility criteria and documents required

You need to fulfil the following criteria to buy Children’s Education 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 - 60 years

Documents required

No documents are required to buy the policy.
You only need to provide the following details at the time of buying the policy:

  • Name
  • Address
  • Email address
  • Mobile number

Step-by-step guide to buy this policy

  • Step 1

    Step 1

    Click on the ‘Buy Now’ button on this page.

  • Step 2

    Step 2

    Enter your full name as on your PAN card and mobile number and press the ‘Proceed’ button.

  • Step 3

    Step 3

    Enter the One Time Password (OTP) received on your registered mobile number for verification.

  • Step 4

    Step 4

    If your mobile number is present in our records, your details on the form will be pre-filled. All you need to do is to check if the details are correct.

  • Step 5

    Step 5

    At this point, the payment page will open. Complete the online payment via one of the following options: UPI, net banking, credit/debit cards, and wallet.

  • Step 6

    Step 6

    After the payment is successful, you can download the policy receipt instantly.

    Download the plan document from ‘My Account’ after 5 to 7 working days from the purchase date.

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Policy details

Here’s a quick look at the policy details of Children’s Education Cover:

Policy details Description
Sum insured (in Rs.) 25,000
Premium including GST (in Rs.) 189
Accidental death coverage (in Rs.) 10,000
Policy tenure 1 year

Key inclusions and exclusions

Here’s a quick look at the key inclusions and exclusions under the Children’s Education Cover:

  • Key inclusions
  • Key exclusions
Key inclusions Description
Coverage for dependent child education In case of an accident, get Rs. 25,000 towards facilitating the education of two dependent children, below 25 years of age
Accidental Death Benefit The nominee receives the accidental death benefit if the accident causes death within 12 months
Key exclusions Description
Any pre-existing disease No pre-existing medical illness is covered
Domiciliary treatment Expenses for treatment at home (domiciliary treatment)

How to claim

You can contact the insurer (Care Health Insurance) to claim the benefits of Children’s Education Cover by email or phone:

  • Insurer’s email address

    Insurer’s email address

    Share your policy document and medical reports at claims@careinsurance.com

  • Insurer’s toll-free number

    Insurer’s toll-free number

    You can also call on the toll-free helpline number - 1800-102-4488 and claim the benefits

  • Documents required to claim

    Documents required to claim

    To claim the benefits of Children’s Education Cover, you need to present the following documents:
    1. Policy document received at the time of purchase
    2. Discharge summary
    3. Complete billing details in case of reimbursement
    4. Medical reports
    5. A valid document establishing the age of child
    6. A valid document to establish relation between the child and the insured person
    For cashless claims, the network hospital directly shares the billing details with the insurance company and settles the dues before discharge

  • Contact Bajaj Finance Ltd.

    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

Is there any insurance for education?

The Children’s Education Cover is a policy by Care Health Insurance. It provides parents with financial support for educational costs. The policy is valid for up to two children in case of the insured’s accidental hospitalisation.

What is a Children's Education Cover?

The policy helps parents secure their children’s educational future by providing for their financial support in case of their unexpected death due to an accident.

What are the benefits of Children's Education Cover?

Education insurance provides parents with the peace of mind that even in case of unforeseen situations like death or disability, they can still ensure that their children have the financial resources needed to pursue the best possible education.

What is the Children’s Education Cover?

The Children’s Education Cover provides coverage of up to Rs. 25,000 for two dependent children. This is in case of the insured’s accidental hospitalisation or death.

What should be age of the dependent child under the Children’s Health Insurance policy?

As per the policy, the child must not be more than 25 years of age and must be financially dependent on the insured person.

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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 Care Health Insurance Ltd. Bajaj Finance Limited does not underwrite the risk. IRDAI Corporate Agency Registration Number CA0101. BFL does NOT hold any responsibility for the issuance, quality, serviceability, maintenance and any claims post sale. This product provides insurance coverage under GROUP CARE 360 - UIN: RHIHLGP20126V011920. Please refer insurer's website for Policy Wordings. Purchase of this product is purely voluntary in nature. BFL does not compel any of its customers to mandatorily purchase any third party products.

Note – While we have made all efforts and taken utmost care in gathering precise information about the products, features, benefits, etc. However, BFL cannot be held liable for any direct or indirect damage/loss. We request our customers to conduct their research about these products and refer to the respective product’s sales brochures before concluding their sale.