It’s important to plan much in advance and be prepared in case your child faces any unexpected challenges in future. Here’s where insurance schemes for students can help. Bajaj Finserv brings you Student’s Plan Cover that provides insurance for hospitalization expenses if your child meets with an accident. You can also make sure that the child's education is not hampered if the earning parent dies due to an accident.

Features & Benefits

  • High Coverage Limit

    Get coverage up to Rs. 1,00,000 for just Rs. 449 per annum.

  • Coverage For Hospitalization

    Hospitalization expenses up to Rs. 50,000 due to accidents. It also covers post-hospitalization expenses.

  • Coverage For Education

    Education expenses for your child in case the earning parent passes away due to an accident.

  • Multiple Payment Options

    Pay your premiums online easily, with multiple options such as online account transfers, UPI, Mobile Wallets, Credit Cards or Debit Cards.

  • What Is Covered?

    Here are the details of what is insured under the Student’s Plan Cover by Bajaj Finserv:

  • Hospitalization Expenses

    Up to Rs. 50,000 for hospitalization expenses, in case the student meets with an accident.

  • OPD Expenses

    Up to Rs. 10,000 for accidental Out Patient Department (OPD) needs of the student. This provision is restricted to fractures, dislocation of bones and contused lacerated wounds.

  • Continuity Of Education

    In the event of the demise of one earning parent (Policy Holder) due to an accident, Rs. 1,00,000 will be paid to his/her school, to ensure continuity of education of the student.

  • What Is Not Covered?

  • Other Expenses

    The student insurance policy is not valid for any other expenses other than accidental death of parent and medical expenses of student as specified.

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

How To Apply?

You can apply for the student insurance plan online in 3 easy steps. Just log on to our website, type out the details required in the online application form and make the premium payment.

How To Claim?

You can lodge a claim for the student insurance by contacting us through the following ways:
• E-mail - care.healthinsurance@adityabirlacapital.com
• Toll free number - 1800-270-7000

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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