Bajaj Allianz General Insurance
Bajaj Allianz has come with a benefit policy that covers the incidental expenses incurred during the hospitalization period.
This policy is called the Hospital Cash Plan.
The FEATURES of this plan are:
· The policy pays a daily allowance as a fixed benefit on hospitalization
· The cash benefit ranges from Rs.500 to Rs.2500 per day for each day of hospitalization
· The cover is available for 30 days or 60 days
· The amount will be paid for things that are not covered in the regular health policies:
· Food
· Medical bills
· Personal attendant hired
· This policy can be taken with any other health insurance policy
· The allowance is doubled in case of ICU admission (for a maximum of 7 days)
· Dependent spouse and children can also be covered in this policy
· A 5% discount is given if the cover is taken for the family
EXCLUSIONS:
· Hospitalization within 30 days from the commencement of the policy
· Pre-existing diseases
· Dental treatment or surgery
· Treatment related to pregnancy or child birth
· Natural perils like avalanche, earthquake, volcanic eruptions, etc
· Accidents as a result of drunken driving
PREMIUMS:
COVERAGE PER DAY |
PROPOSER’S AGE |
PREMIUM FOR 30-DAY COVER |
PREMIUM FOR 60-DAY COVER |
Rs.500/- |
UP TO 25 YEARS |
250/- |
300/- |
ABOVE 25 UP TO 40 YEARS |
400/- |
525/- |
|
ABOVE 40 YEARS UP TO 50 YEARS |
650/- |
850/- |
|
ABOVE 50 YEARS UP TO 55 YEARS |
900/- |
1200/- |
|
ABOVE 55 YEARS UP TO 60 YEARS |
1200/- |
1600/- |
|
Rs.1000/- |
UP TO 25 YEARS |
300/- |
500/- |
ABOVE 25 UP TO 40 YEARS |
600/- |
825/- |
|
ABOVE 40 YEARS UP TO 50 YEARS |
900/- |
1800/- |
|
ABOVE 50 YEARS UP TO 55 YEARS |
1300/- |
2400/- |
|
ABOVE 55 YEARS UP TO 60 YEARS |
1800/- |
3000/- |
|
Rs.1500/- |
UP TO 25 YEARS |
600/- |
1000/- |
ABOVE 25 UP TO 40 YEARS |
850/- |
1500/- |
|
ABOVE 40 YEARS UP TO 50 YEARS |
1700/- |
3600/- |
|
ABOVE 50 YEARS UP TO 55 YEARS |
2800/- |
4400/- |
|
ABOVE 55 YEARS UP TO 60 YEARS |
3600/- |
4800/- |
|
Rs.2500/- |
UP TO 25 YEARS |
800/- |
1350/- |
ABOVE 25 UP TO 40 YEARS |
1100/- |
1800/- |
|
ABOVE 40 YEARS UP TO 50 YEARS |
2600/- |
4200/- |
|
ABOVE 50 YEARS UP TO 55 YEARS |
3500/- |
5000/- |
|
ABOVE 55 YEARS UP TO 60 YEARS |
4600/- |
5800/- |
A service tax of 10.3% is applicable on the above premium amounts.
The premium that is paid towards this policy, like other premiums for health insurance policies, is exempt under Section 80D of income tax act.
A Bajaj Allianz policy can be either bought online from www.bajajallianz.co.in or they may be contacted on their toll free numbers 1-800-225-858 or 1-800-102-5858
The ADVANTAGES of taking a health insurance plan from Bajaj Allianz are:
· Cashless facility at over 2400 hospitals across India
· Bajaj Allianz has an in-house claim administration department for quicker claim settlement
· Their premiums are very competitive