Bajaj Allianz Critical Illness Plan
Company Overview
Bajaj Allianz General Insurance Company Limited is a joint venture between Bajaj Finserv Limited 74% and Allianz SE 26% as on 31st March 2013.
Bajaj Allianz General Insurance Co. Ltd offers products like Motor Insurance, Health Insurance, Travel Insurance, Home Insurance Etc.
Contact Details
Toll Free Number- 1800-209-0144 / 1800-209-5858 / 1800-102-5858
E-Mail - customercare@bajajallianz.co.in
Product Overview -
Bajaj Allianz Critical Illness Plan
Bajaj Allianz Critical Illness Plan
Bajaj Allianz Critical Illness Plan is a critical illness benefit policy, which will pays a lumpsum amount on the diagnosis of the covered illness of specified severity post the initial waiting & survival period.
Unique Features - Bajaj Allianz Critical Illness Plan
10 major Critical Illness covered.
Expenses like donor expenses in a transplant surgery can be paid out of the amount received under this cover both in India & abroad.
Policy offers high sum insured upto 50 lacs.
Eligibility Criteria - Bajaj Allianz Critical Illness Plan
| Eligibility Criteria | ||||||||
|---|---|---|---|---|---|---|---|---|
| Age Criteria | Adults - Min Entry Age: 18 Years Max Entry Age: 65 Years Dependent Children - Min Entry Age: 6 Years Max Entry Age: 21 Years |
|||||||
| Renewal Age | Life Long Renewal | |||||||
| Family Coverage | Individual - For Self, Spouse, Dependent Children/Parents | |||||||
| Sum Insured | Rs. 1 Lac to Rs. 50 Lacs (Age 6 Years to 60 Years) Rs. 1 Lac to Rs. 5 Lacs (Age 61 Years to 65 Years) |
|||||||
| Policy Tenure | 1 Year | |||||||
Product Benefits - Bajaj Allianz Critical Illness Plan
| Critical Features | |||
|---|---|---|---|
| No Of Covered Disease | 10 | ||
| Initial Survival Period | 30 Days | ||
| Initial Waiting Period | 90 Days | ||
| Coverage For PED | Not Specified | ||
| Second Opinion | Not Covered | ||
| Other Features | |||
|---|---|---|---|
| Add On Covers | Not Covered | ||
| Sum insured Range | Rs. 1 Lac to Rs. 50 Lacs | ||
| Type of Coverage | Individual only | ||
| Annual Health Check Up | Not Covered | ||
Waiting Period - Bajaj Allianz Critical Illness Plan
Initial Waiting Period - This implies that the insured is not covered for the 10 diseases under this policy for the first 90 days of the policy
coming into existence. The waiting period is not applicable on subsequent renewals
Pre-existing Diseases - Not Covered
coming into existence. The waiting period is not applicable on subsequent renewals
Pre-existing Diseases - Not Covered
Survival Period - Bajaj Allianz Critical Illness Plan
The survival period is the length of time, the insured, must survive after he has been diagnosed with a covered critical illness
30 Days
10 Critical Illnesses covered
30 days survival period from the date of confirmed diagnosis with defined severity/ date of actual undergoing of the procedure
1.First Heart Attack (Myocardial Infarction)
2.Open Chest CABG (Coronary Artery Disease Requiring Surgery)
3.Stroke Resulting in Permanent Symptoms
4.Cancer of Specified Severity
5.Kidney Failure Requiring Regular Dialysis
6.Major Organ Transplantation
7.Multiple Sclerosis with Persisting Symptoms
8.Surgery of Aorta
9.Primary Pulmonary Arterial Hypertension
10.Permanent Paralysis of Limbs
2.Open Chest CABG (Coronary Artery Disease Requiring Surgery)
3.Stroke Resulting in Permanent Symptoms
4.Cancer of Specified Severity
5.Kidney Failure Requiring Regular Dialysis
6.Major Organ Transplantation
7.Multiple Sclerosis with Persisting Symptoms
8.Surgery of Aorta
9.Primary Pulmonary Arterial Hypertension
10.Permanent Paralysis of Limbs
Exclusion - Bajaj Allianz Critical Illness Plan
- Any critical illness for which care, treatment, or advice was recommended or which was first manifested or contracted before
- Any critical illness diagnosed within the first 90 days
- Death with in 30 days following the diagnosis of the critical illness
- Presence of HIV/AIDS infection
- Treatment arising from or traceable to pregnancy or childbirth, including caesarean section and birth defects
- War, invasion, act of foreign enemy, terrorism, hostilities (whether war be declared or not), civil war, rebellion, revolution
- Naval or military operations of the armed forces or air force and participation in operations requiring the use of arms or which are ordered by military authorities for combating terrorists, rebels and the like, any natural peril
- Consequential losses of any kind, be they by way of loss of profit, loss of opportunity, loss of gain, business interruption etc.
Add-ons - Bajaj Allianz Critical Illness Plan
Not Available
Additional Discounts - Bajaj Allianz Critical Illness Plan
Not Available
Tax Benefits - Bajaj Allianz Critical Illness Plan
Tax Benefits for the premium paid under Section 80D of the Income Tax Act.