An effective medical insurance policy is essential because the prices of medicines and hospital treatments are rising day-by-day. If an accident or critical illness befalls, it may cause a huge financial burden for you and your dependents. A hard-hitting truth is that whether the hospitalization is planned or not, it comes as an unpleasant surprise, and it is sure to cost you heavily. So, it’s better to have the protection of a health insurance policy, which besides helping you to manage your finances, also offers you several other benefits at very affordable premium rates. So, the Bajaj Allianz Health Insurance has ample number of options under individual and family, in which one of them is Bajaj Allianz Family Floater Health Guard policy.
Bajaj Allianz is a joint venture between India-based Bajaj Finserv Limited and European financial services company Allianz SE. Bajaj Allianz meets the needs of their customers by offering a wide variety of insurance products, which include health insurance plans. By combining global expertise with local experience, the company provides their clients with customized products and transparent benefits, catering to every segment and age-income profiles.
Bajaj Allianz Family Floater Health Guard policy, is not only going to cover your loving family, but will also protect your savings from getting depleted due to high medical expenses.So let's discuss Bajaj Allianz Family Floater Health Guard policy with its key features and benefits.
Bajaj Allianz Family Health Insurance
A comprehensive family floater policy with a high SI of INR 1 crore.It also provides extended coverage to insured’s parents, parents-in-laws, grandchildren and also siblings, if they are dependent.
Bajaj Health Insurance Plans for Family Health Eligibility
The eligibility criteria for Bajaj Allianz Health Insurance for Family is as follows:
Entry age for proposer is 18 years to 65 years. The policy can be renewed for lifetime.
Entry age for children is 3 months up to 30 years.
No medical tests up to 45 years, subject to clean proposal form.
Bajaj Allianz Health Insurance Plans for Family Health Inclusions
The following coverage is offered by the Bajaj Allianz Health Insurance plans for a family:
Ayurvedic/ Homeopathic Hospitalization Expenses (not available under the Health Guard Silver plan)
Convalescence Benefit/ Recovery Benefit (not available under Health Ensure plan)
Maternity Expenses (not available under Health Guard Silver plan and Health Ensure plan)
New Born Baby Cover (not available under Health Guard Silver plan and Health Ensure plan)
In-patient hospitalization treatment
Pre-hospitalization medical expenses
Post-hospitalization medical expenses
Road ambulance expenses
Day care procedures
Organ donor expenses
Bajaj Allianz Health Insurance Plans for Family Health Exclusions
The following are the exclusions by the Bajaj Allianz Health Insurance plans for a family:
A waiting period of 3 years will be applicable in the case of pre-existing diseases.
Any disease contracted during the first 30 days of commencement of the policy will be excluded from coverage.
Certain diseases such as hernia, piles, cataract and sinusitis shall be covered after a waiting period of 2 years.
More Add-on Features of the Bajaj Allianz Health Insurance for family
The plan has only 4 diverse age brackets.
Bajaj Allianz Health Insurance covers in house claim settlement.
Lifetime renewal is a primary add-on feature.
The plan Act on the premiums paid for this policy.
No Medical Test required upto the age of 65.
No room rent restriction when applied for the policy.
Up to 20k digital claim settlement via mobile app ‘Caringly yours’.
The Bajaj Allianz Health Insurance for Family / Bajaj Allianz Family Floater Health Guard policy has ample number of options under individual and family floater policies providing extensive coverage up to INR 10 crore. The company provides various benefits such as flexible sum insured options, maternity and newborn cover, extensive coverage of hospitalization expenses, free annual check-ups and a variety of discounts on online and long-term policy tenure. Its wide network of cashless hospitals is impressive.
Bajaj Allianz Health offers a wide range of health insurance plans to fulfill the medical needs of individuals, families, and senior citizens.
Bajaj Allianz Critical Illness
A plan which covers you against major life-threatening diseases such as cancer, major organ transplant, heart attack, and more. The plan covers 10 critical diseases.
Unique Features
Avail discounts on policy terms
50 Lakh SI
Flexible premium payment
Bajaj Allianz Extra Care
Bajaj Allianz Extra Care is a perfect health protection plan that offers financial support to you and your family. It is a floater Policy with a single premium for the family.
A super top-up health plan that provides additional coverage to the existing health insurance policy. The plan provides wider health protection to you and your family.
Unique Benefits
Air Ambulance cover
Avail maternity expense
Organ donor expenses covered
Bajaj Allianz M care
The plan offers wide coverage and comes at an affordable price and takes care of the most common vector-borne ailments.
Bajaj Allianz Personal Accident Plan is designed to protect you and your family from serious financial problems in case of death, and partial and total disability
Unique Features
Covers children’s education
Avail cumulative bonus
Avail additional covers with plan
Bajaj Allianz Sankat Mochan
A plan that covers Death, Permanent Total Disability, Permanent Partial Disability, and Temporary Total disability caused due to accidental injury.
Premium Personal Guard covers you and your family against bodily injury or death caused due to an accident and offers a high sum assured ranging from 10 lakhs to 25 lakhs
Unique Features
Avail cumulative bonus
Cover dependent children
Cover death and disability
Bajaj Allianz Loan Care
A unique insurance policy that covers loan borrowers providing comprehensive protection in the event of an unfortunate incident.
Unique Features
Personal Accident Covered
EMI Payment Cover
Child education benefit available
Bajaj Allianz Saral Suraksha Bima
Saral Suraksha Bima offers a sum assured up to 1 Cr and offers optional covers for temporary Total Disablement and Hospitalisation Expenses due to Accident.
Unique Features
Lifetime renewal available
Child education benefit available
Cumulative Bonus
Bajaj Allianz Star Package
An all-in-one family floater policy that covers health, household contents, travel baggage and much more.
Unique Features
Covers Household content
Avail education grant
Avail critical illness cover
Bajaj Allianz Global Health Care
This plan provides comprehensive coverage for planned and emergency medical treatment within and outside India.
A Comprehensive Plan with a wide range of benefits, ensuring a cover for maximum expenses related to Illness and Accidents offering optional add-on benefits.
1. Is there any difference in waiting periods under Family Health Care?
Yes, there is a difference in waiting periods.
Initial 30 days waiting period applicable under the policy except for hospitalization in case of accidental hospitalization (accident date post risk inception date).
Pre-existing conditions will be covered after 36 months.
Specific diseases like- Cataracts, Hernia of all types, Fistulae, Hysterectomy etc will be covered after 24 months.
2. Are Ayurvedic/Homeopathic hospitalization expenses covered under the policy?
This benefit is available if the insured is hospitalized due to an illness/injury in an Ayurvedic/ Homeopathic Hospital (Government hospital or in any institute recognized by government and/or accredited by Quality Council of India/National Accreditation Board).
3. What is the limit of Day Care procedures?
There is no limit for Day Care procedures, any procedure according to the definition of Day Care Center & Day Care Treatment can be covered.
4. Is Preventive health checkup available in Family Health Care?
Yes, at the block of 3 years (irrespective of claims) Preventive health checkup is given 1% of the sum insured max up to Rs. 2000/- for each member.
5. What is an Organ Donor expense?
It means that we will be covering the charges borne by the insured person towards the admission of the person who will be donating the organ to the insured person. The only condition is that the main claim of the insured person for which the organ is being donated is accepted under the policy. It will be paid up to the sum insured .
What Our Customers Have to Say
Smita Patil
Bengaluru
May 1, 2023
I have availed health insurance services from PolicyX in the year 2021 and I must say that they are reliable and have supported me with claim settlement without any delay.
Pawan
Delhi
June 6, 2022
Trust me, friends, Bajja is one of the best insurance companies in India. It offers good health insurance plans and its claim service is superb. I am very impressed by the work done by Bajaj Al...
Himanshi Nalwa
Pune
May 26, 2022
My claim was settled in no time... I went to a non-network hospital and Bajaj Allianz reimburse my claim within 2 days
Priya Singhania
Guwahati
May 26, 2022
I took the health insurance plan for my family. Bajaj Allianz is a nice company. Go for it. Thanks to Policyx.com, they helped me a lot.
Mehak Dua
Belgaum
September 9, 2021
quick service. in fact the agent was very thorough with processing my documents...renewal was done swiftly
Kunal Deshmukh
Meerut
September 9, 2021
The help I receievd at bajal allianz was so good...i mean i went expecting not a lot but the discussion was amazing...also bought a plan for my children
Bhargav Dua
Indore
September 9, 2021
Really top class support received...i gave the agent a budget estimation and he provided me good plan options...Happy with my health plan!
Rishiraj Bharti
Mysore
September 9, 2021
the buying process was easy...really hoping claims will be as easy too when the time comes...overall happy
Naval Goel is the CEO & founder of PolicyX.com. Naval has an expertise in the insurance sector and has professional experience of more than a decade in the Industry and has worked in companies like AIG, New York doing valuation of insurance subsidiaries. He is also an Associate Member of the Indian Institute of Insurance, Pune. He has been authorized by IRDAI to act as a Principal Officer of PolicyX.com Insurance Web Aggregator.
