Student’s Plan Cover

To ensure your child is secure and his/her education is unaffected by any mishap, it is important to stay prepared for any unexpected challenges in future. Student’s Plan Cover by Bajaj Finserv provides coverage for hospitalisation expenses if your child meets with an accident and other eventualities. You can also make sure that the child's education is not hampered in case of the demise of an earning parent, due to an accident.

Plan Details

Student’s Plan Cover offers coverage up to Rs. 1 lakh at just Rs. 449 per annum. Make the payment from any of your preferred online payment modes.

  • What’s Covered

    Here’s what’s covered under this plan:

  • Hospitalisation expenses

    In case the insured student meets with an accident, the plan will offer cover the hospitalisation expenses up to Rs. 50,000.

  • Out-patient Department (OPD) expenses

    You can avail of up to Rs. 10,000 for seeking treatment under OPD, in case you have met with accident. This plan will offer coverage against fractures, dislocation of bones and contused lacerated wounds only.

  • Continuity of education

    In case of the demise of one earning parent (policyholder) due to an accident, the plan offers coverage of Rs. 1 lakh to ensure the student’s education is continued.

  • What’s Not Covered

    Here’s an exclusion under the plan:

  • Other expenses

    Coverage offered under the plan is not valid for any other expenses other than accidental death of parent and medical expenses of student as specified.

  • Note: To read the full list of exclusions, please download the policy brochure here.

How To Apply

Here are the steps to apply for the plan:

• Click on 'Buy Now' button and share your basic details in the online application form
• Check and confirm your application by entering the OTP received on your mobile number
• Pay the premium via credit/debit card, UPI, mobile wallet, or any other available online payment mode
• You will receive the details of your membership via email/WhatsApp

How To Process A Claim

To raise a claim, you can contact the insurer through one of the following ways:
• E-mail -
• Toll-free number - 1800-270-7000

Contact Us

For queries related to the policy, please write to us on email at

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. Purchase of this product is purely voluntary in nature. BFL does not compel any of its customers to mandatorily purchase any third-party products.”