Care Health Insurance

Care Health Insurance– Marriage Allowance Cover at Rs. 142

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.

  • Marriage cost-benefit

    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.

Eligibility criteria

  • Exclusively for Bajaj Finance customers
  • Nationality: Indian 
  • Age: 18+ years

Documents required

No documents are required to buy the policy.
Simply 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

  • Step 1

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

  • Step 2

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

  • Step 3

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

  • 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

    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

    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.

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Policy details

Here’s a quick look at the policy details of Marriage Allowance Cover:

Policy details Description
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
Key inclusions Description
Accidental death cover Covers accidental death up to Rs. 10,000
Marriage expense cover Covers the marriage expenses up to Rs. 10,000
Key exclusions Description
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

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

    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 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.

    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

What is Marriage Allowance Cover?

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.

What are the advantages of Marriage Allowance Cover?

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.

What is the premium of Marriage Allowance Cover?

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.

How to claim your Marriage Allowance Cover policy?

You can reach out to the insurer by writing to them via email at claims@careinsurance.com or calling on the toll-free number 1800-102-4488.

What are the eligibility criteria for purchasing the Marriage Allowance Cover?

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.

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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. 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 with 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.