Accidents never announce their arrival and often lead to injuries or illnesses that can impair your sight, hearing, and speaking abilities. Some of the injuries or illnesses can result in permanent total or permanent partial disablement as well. If such an unfortunate thing happens, your parents who might be dependent on you will have to face a difficult situation. To avoid that, you can subscribe to FlexiCare Group Insurance Policy - Mediclaim Comprehensive Parent Benefit that is offered jointly by Bajaj Finance and Manipal Cigna Health Insurance. Accidental injuries/illnesses take time to recover and we don’t want your parents to feel alone during such testing times. The sum insured provided by this policy can be used for your medical treatment or can also provide financial assistance to your parents when you cannot provide it to them due to your injury/illness. The medical expenses, hospitalization charges, and other costs required for treatment can put a financial burden on you. By providing financial assistance to your surviving parents, this ‘Comprehensive Parent Benefit’ will certainly reduce your burden to some extent.
Plan/ Membership Fee Details
|
Premium Including GST (Rs. ) |
Sum Insured (Rs. ) |
|
Rs. 1 lakh |
Rs. 234 |
Eligibility Criteria: Individuals belonging to the age group of 18 to 65 years can apply for this policy.
Policy/Cover Tenor will be valid for one year.
What's Covered
-
Extensive cover for parents
If the insured individual suffers from a permanent partial disablement or permanent total disablement due to an injury/illness caused by an accident then the sum insured will be paid to the surviving dependent parent/parents.
If both the dependent parents are surviving then both of them will get sum insured irrespective of whether the parents are insured individuals under this policy or not. In this case, the amount will be divided equally between the dependent parents.
Waiting Period
Waiting Period for specific disease/procedural waiting periodWaiting period type
Waiting Period
Initial Waiting Period
30 days
Specific Illness Waiting Period
24 months
A waiting period from the date of inception that is specified in the policy schedule/insurance certificate shall be considered for any treatments, medical or surgical expenses, or any other complications that have resulted during the course of the treatment. The waiting periods shall be applicable to the following diseases as per the waiting periods mentioned in the policy schedule/insurance certificate:
a) Cataract,
b) Hysterectomy for Menorrhagia or Fibromyoma or prolapse of Uterus unless necessitated by malignancy myomectomy for fibroids.
c) Knee Replacement Surgery (other than caused by an Accident), Non-infectious Arthritis, Gout, Rheumatism, Osteoarthritis and Osteoporosis, Joint Replacement Surgery (other than caused by Accident), Prolapse of Intervertebral discs (other than caused by Accident), all Vertebrae Disorders, including but not limited to Spondylitis, Spondylosis, Spondylolisthesis, Congenital Internal.
d) Varicose Veins and Varicose Ulcers.
e) Stones in the urinary uro-genital and biliary systems including calculus diseases.
f) Benign Prostate Hypertrophy, all types of Hydrocele.
g) Fissure, Fistula in anus, Piles, all types of Hernia, Pilonidal sinus, Hemorrhoids and any abscess related to the anal region.
h) Chronic Suppurative Otitis Media (CSOM), Deviated Nasal Septum, Sinusitis and related disorders, Surgery on tonsils/Adenoids, Tympanoplasty and any other benign ear, nose and throat disorder or surgery.
i) Gastric and duodenal ulcer, any type of Cysts/Nodules/Polyps/internal tumors/ skin tumors, and any type of Breast lumps (unless malignant), Polycystic Ovarian Diseases
j) Any Surgery of the genito-urinary system unless necessitated by malignancy.
What's not covered?
- If the child/children have a pre-existing illness/medical condition then it is not covered as well.
For list of exclusions, please refer to the policy wordings.
How to apply
1
Click on ‘Apply Now’ button and share your basic details in the online application form.
2
Check and confirm your application by entering the OTP received on your mobile number.
3
Pay the premium via credit/debit card, UPI, mobile wallet, or any other available online payment mode.
4
You will receive the details of your membership via email/whatsapp.
Claim process
- Insurer’s Email: servicesupport@manipalcigna.com
- Insurer’s Toll free number: 1800-102-4462
Contact Us
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. Bajaj Finance Limited does not underwrite the risk. IRDAI Corporate Agency Registration Number CA0101. The above-mentioned benefits and premium amount are subject to various factors such as age of insured, lifestyle habits, health, etc (if applicable). BFL does NOT hold any responsibility for the issuance, quality, serviceability, maintenance and any claims post sale. This product provides insurance coverage under ManipalCigna FlexiCare Group Insurance Policy, UIN: MCIHLGP20120V011920. Purchase of this product is purely voluntary in nature. BFL does not compel any of its customers to mandatorily purchase any third-party products.”