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.
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.
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 type |
Waiting Period |
Initial Waiting Period |
30 days |
Specific Illness Waiting Period |
24 months |
1
Click on the ‘Buy Now’ button on this page 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.