Care Health Insurance - Children's Education Cover at Rs. 189
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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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.
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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.
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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.
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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
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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 details on the form will be pre-filled. 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 via one of the following options: UPI, net banking, credit/debit cards, and wallet.
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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.
Policy details
Here’s a quick look at the policy details of Children’s Education Cover:
Policy details | Description |
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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 |
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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 |
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Any pre-existing disease | No pre-existing medical illness is covered |
Domiciliary treatment | Expenses for treatment at home (domiciliary treatment) |
Product information
For complete details on product benefits, features, terms and exclusions, please read product sales brochure and policy wordings carefully before concluding a sale.
How to claim
You can contact the insurer (Care Health Insurance) to claim the benefits of Children’s Education Cover by email or phone:
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Insurer’s toll-free number
You can also call on the toll-free helpline number - 1800-102-4488 and claim the benefits
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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.
In case you have any queries related to coverage, exclusions, or product policy, please write to us at wecare@bajajfinserv.in
Frequently asked questions
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.
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.
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.
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.
As per the policy, the child must not be more than 25 years of age and must be financially dependent on the insured person.