Bajaj Health Insurance Plans for Family

An effective medical insurance policy is essential because the prices of medicines and hospital treatments are rising daily. If an accident or critical illness befalls you, it can cause a huge financial burden for you and your dependents. A hard-hitting truth is that whether hospitalization is planned or not, it often comes as an unpleasant surprise and can be very costly. Therefore, it’s better to have the protection of a health insurance policy, which helps manage finances and offers several other benefits at affordable premium rates. Bajaj General Health Insurance offers ample options for individuals and families.

Bajaj General is a joint venture between India-based Bajaj Finserv Limited and the European financial services company General SE. Bajaj General meets the needs of its customers by offering a wide variety of insurance products, including health insurance plans. By combining global expertise with local experience, the company provides clients with customized products and transparent benefits, catering to every segment and age-income profile.

The Bajaj General Family Floater Health Guard policy covers your family and protects your savings from depletion due to high medical expenses. Let’s discuss the Bajaj General Family Floater Health Guard policy, its key features, and benefits.

Benefits of the Bajaj General Family Health Insurance Plan

Bajaj General Family Health Insurance Plan offers the following benefits:

• Long-term policy discount of 4% for 2 years, and 8% for 3 years.
• Organ donor expenses are covered up to the sum insured.
• 10% cumulative bonus benefit for every claim-free year up to 100%.
• Pre and post-hospitalization expenses incurred 60 days prior to and 90 days post-hospitalization.
• Income Tax benefit as per Section 80D.
• Bariatric surgery cover.
• Convalescence benefit up to Rs. 7,500 per year (subject to Sum Insured opted).
• Ayurvedic and Homeopathic hospitalization cover.
• Maternity and newborn baby expenses are covered (available in Gold and Platinum plans).
• Coverage for mental illness with a waiting period of two years.
• In-patient Hospitalization Treatment.
• Day Care Procedures.
• Road ambulance: Up to INR 3,000 per hospitalization as per actuals.
• 100% Sum Insured reinstatement benefit.
• Hospital cash benefit: INR 500 per day for a maximum of 30 days.
• Preventive health check-up: 1% of the SI max up to INR 2,000 on consecutive renewal of 3 years.

Bajaj Health Insurance Plans for Family Health Eligibility

The eligibility criteria for Bajaj General Health Insurance for Family are as follows:

• The entry age for proposers is 18 to 65 years. The policy can be renewed for a lifetime.
• Entry age for children is 3 months up to 25 years.
• No medical tests up to 65 years, subject to no adverse medical history.

Bajaj General Health Insurance Plans for Family Health Inclusions

The following coverage is offered by the Bajaj General Health Insurance plans for a family:

Bajaj General Health Insurance Plans for Family Health Exclusions

The following are the exclusions of the Bajaj General Health Insurance plans for a family:

Conclusion

The Bajaj General Family Floater Health Guard policy offers extensive coverage up to INR 10 crore, with options for both individual and family floater plans. It provides benefits like flexible sum insured options, maternity and newborn cover, comprehensive hospitalization expense coverage, free annual check-ups, and discounts on online and long-term policies. The wide network of cashless hospitals is also a significant advantage.