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
Coverage up to Rs. 10,000, premium Rs. 142
Get up to sum insured as marriage allowance for the insured person’s unmarried son or daughter.
The policy provides for up to Rs. 10,000 for marriage expenses of either an unmarried son (of age 21 years or above) or unmarried daughter (of age 18 years or above).
Accidental death cover
In case of the unfortunate death of the insured within 12 months from the date of the accident, the nominee will receive an accidental death cover of Rs. 10,000.
End-to-end online process
You can easily buy the policy online through our 100% digital and paperless process.
Eligibility criteria and documents required
You need to fulfil the following criteria to buy Marriage Allowance Cover. If you meet all the eligibility criteria, we will need a few details to complete your application process.
- Exclusively for Bajaj Finance customers
- Nationality: Indian
- Age: 18+ years
Simply provide the following details at the time of buying the policy:
- Email address
- Phone number
Step-by-step guide to buy this policy
Click on the ‘Buy Now’ button on this page.
Enter your full name as on your PAN card and mobile number and press the ‘Proceed’ button.
Enter the One Time Password (OTP) received on your registered mobile number for verification.
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.
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.
After the payment is successful, you can download the policy receipt instantly.
You can also download the policy document from ‘My Account’ after 5 to 7 working days from the date of purchasing the policy.
Here’s a quick look at the policy details of Marriage Allowance Cover:
|Sum insured for accidental death (Rs.)||10,000|
|Marriage expense cover (in Rs.)||10,000|
|Premium including GST (Rs.)||142|
|Policy tenure||1 year|
Key inclusions and exclusions
Here’s a quick look at the key inclusions and exclusions of the Marriage Allowance Cover:
- Key inclusions
- Key exclusions
|Accidental death cover||Covers accidental death up to Rs. 10,000|
|Marriage expense cover||Covers the marriage expenses up to Rs. 10,000|
|Any pre-existing disease||No pre-existing medical illness is covered over 24 months|
|Suicide||Any intentional act of self-inflicted harm (whether sane or insane) is not covered|
|Waiting period||Initial waiting period is 30 days from the purchase of policy|
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 reach out to the insurer (Care Health Insurance) to claim the benefits of Marriage Allowance Cover by email or phone:
Insurer’s email address
Share your policy document and medical reports at email@example.com
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
To claim the benefits of Marriage Allowance Cover, you need to present the following documents:
1. Policy document received at the time of purchasing the policy
2. Death certificate in case of the insured’s death
3. Nominee details
4. Medical bills and invoices
Contact Bajaj Finance Ltd.
In case you have any queries related to coverage, exclusions, or product policy, please write to us at firstname.lastname@example.org
Frequently asked questions
Marriage Allowance Cover is an insurance product from Care Health Insurance offered through Bajaj Finance. It provides financial support to the surviving children of the policyholder for marriage costs along with a death benefit.
The Marriage Allowance Cover ensures the insured’s family is financially secure for any emergency. The policy offers coverage against wedding expenses of the insured’s son (age 21 years and above) or daughter (age 18 years and above) up to Rs. 10,000. In case of the insured’s demise, the nominee will receive an amount of Rs. 10,000 to cover the wedding expenses.
The Marriage Allowance Cover is available for an annual premium of Rs. 142 for Rs. 10,000 death benefit cover and Rs. 10,000 marriage cost cover.
You can reach out to the insurer by writing to them via email at email@example.com or calling on the toll-free number 1800-102-4488.
Indian citizens who are between 18 years and 70 years of age can apply for the Marriage Allowance Cover, provided they are existing customers of Bajaj Finance.
It means a sudden, unforeseen and involuntary event caused by external visible and violent means.
It means the provisions of the Policy that state the requirements to be complied with.
It means a patient who undergoes OPD treatment.
It means an Insured Person who is admitted to the hospital and stays for at least 24 hours for the sole purpose of receiving treatment.