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Student’s Plan Cover

Securing your child’s well-being and education is your top priority as a parent. It is therefore prudent to opt for an insurance plan that specifically caters to your children’s needs.

Student’s Plan Cover by Bajaj Finserv safeguards your child’s future against any unforeseen events. The plan covers hospitalisation expenses if your child meets with an accident or other eventualities and ensures that your child’s education is unhampered if an earning parent dies in an accident.

Plan details

Student’s Plan Cover offers coverage of up to Rs. 1 lakh at just Rs. 449 per annum. You can pay the premium online using your preferred mode of transaction.

  • What’s covered

  • 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

    The plan offers Rs. 10,000 for out-patient treatment for an accident. This coverage is restricted to fractures, dislocation of bones and contused lacerated wounds only.

  • Continuity of education

    In the unfortunate event that an earning parent dies in an accident, the insurer will pay Rs. 1 lakh to the school to ensure the continuity of the student’s education.

  • Age group:

    The plan covers students between the ages of 5 and 18 and parents aged 18 to 55.

  • What’s not covered

  • The plan does not cover any expenses other than the insured student’s medical expenses and the protection offered in the event of an earning parent’s accidental death.

  • Note: Please download the policy brochure here for more details.

How to apply

  • Click on the ‘Buy Now’ button on this page 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 file a claim

To raise a claim, you can contact the insurer via:
• Email -
• Toll-free number – 1800-270-7000

Contact us

For queries related to the policy, please write to us 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.”

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