health insurance

What is Group/Employee Health Insurance?

Definition Of Group/Employee Health Insurance Policy

Group/employee health insurance policy is a type of insurance policy that covers a pre-determined group of people under one single policy. Several corporates and professional organisations provide group/employee health insurance to their employees. This insurance policy covers the insured’s spouse, dependent parents or children at an extra premium.

The policy covers hospitalisation, consultant fees, anaesthesia charges, costs of diagnostic materials and oxygen and X-ray and dialysis charges among others. You can also avail of cashless facilities, wherein the bills are directly settled with hospitals. The policy covers pre-and post-hospitalisation charges as well.

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Some of the group health insurance plans offer maternity benefits, coverage for specific ailments over and above the benefits of hospitalisation, pre-existing ailments post payment of extra premiums, domiciliary expenditures and more.

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 the age of the 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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