Bajaj Allianz - Sankat Mochan Policy
general Insurance Company
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.
Toll Free line: 1800-209-5858
E-mail: customercare@bajajallianz.co.in
This policy offers compensation in case of death or bodily injury to the insured person, directly and solely as a result of an accident, by external, visible and violent means.
Unique Features of Bajaj Allianz - Sankat Mochan Policy
In the event of Permanent Total Disability due to an accident, the company shall pay 125% of the Sum Insured.
Children's Education Bonus - If a claim under AD or PTD is accepted for an insured person, we will pay Rs. 5000/- each towards the cost of education. (up to maximum of two children).
Hospital confinement allowance - In case if the insured has claimed under AD, PTD, PPT, TTD, then the insurance company shall pay Rs. 1000 per day of hospitalization for a max. of 30 days.
Medical Expenses due to accidental injury - In the event you are hospitalised due to an accident, any medical expenses will be reimbursed upto the Sum Insured.
Transportation of Mortal Remains - Expenses incurred on transporting the mortal remains of the insured person to the nearest hospital due to an accident or to his residence or from the hospital and/or to a cremation or burial ground.
Eligibility Criteria for Bajaj Allianz - Sankat Mochan Policy
| Category | Description | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Age Group | Min Entry Age: 18 Years Max Entry Age: 65 Years for Proposer & Spouse Min Entry Age: 5 Years Max Entry Age: 25 Years for Dependent Children |
||||||||
| Renewal Age | Life Long Renewal | ||||||||
| Policy Tenure | 1 Year | ||||||||
| Family Definition | Individual & Family - Self, Spouse and Dependent Children | ||||||||
| Coverage | Details | Eligibility | ||||||
|---|---|---|---|---|---|---|---|---|
| Basic | Death | Max 100 times of Monthly Income (Renewal after age of 66 years & above refer the policy T&C) | ||||||
| Wider | Death+PTD+PPD | Max 60 times of Monthly Income (Renewal after age of 66 years & above refer the policy T&C) | ||||||
| Comprehensive | Death+PTD+PPD+TTD | Max 24 times of Monthly Income (Renewal after age of 66 years & above refer the policy T&C) | ||||||
Product Benefits of Bajaj Allianz - Sankat Mochan Policy
| Benefits | Details | ||||
|---|---|---|---|---|---|
| Accidental Death (AD) | 100% of Sum Insured | ||||
| Permanent Total Disability (PTD) | 125% AD Sum Insured | ||||
| Permanent Partial Disability (PPD) | As per the limits specified in the table | ||||
| Transportation of Mortal Remains | less of Rs. 5000 or 2% of SA | ||||
| Children's Education Bonus | Rs. 5000 each for 2 dependent children's (Age below 19 years) | ||||
| Temporary Total Disablement (TTD) | 1% of SI or Rs. 5000 per week, whichever is less | ||||
Add-ons for Bajaj Allianz - Sankat Mochan Policy
| Add-On | Description | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Hospital Confinement | Rs. 1000 per 24 hrs of hospitalization, maximum up to 30 days per policy period | ||||||||||||
| Medical Expenses | Reimbursement of actual expenses as per the policy terms & conditions | ||||||||||||
Additional discounts for Bajaj Allianz - Sankat Mochan Policy
Not Available
Exclusion in Bajaj Allianz - Sankat Mochan Policy
Accidental Bodily Injury that insured met while:
- Suicide, attempted suicide or self inflicted injury or illness.
- Under the influence of liquor or drugs.
- Arising or resulting from the insured person(s)
- Committing any breach of law with criminal intent.
- Pregnancy, resulting childbirth, miscarriage, abortion, or complications arising out of these.
- Nuclear energy, radiation, etc.
Claim Process for Bajaj Allianz - Sankat Mochan Policy
In case you would like to know about the Claim Process or would like to register a Claim please click the link below
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