Bajaj Allianz Tax Gain Policy

Bajaj Allianz Tax Gain Plan is a family floater health insurance policy providing coverage for outpatient expenses and hospitalization expenses under a single policy. The plan offers 4 plan variants namely,

Plan A - Hospitalization Cover with OPD for self
Plan B - Hospitalization Cover Floater with OPD self and Spouse
Plan C - Hospitalization Cover with OPD Self and Spouse and sum insured variants of 2 and 3 Lakhs
Plan D - For senior citizens Hospitalization is covered with OPD cover for self and spouse

The plan is available for individuals between the ages of 18 years to 55 years for Plan A, B, and C. Whereas for Plan D the entry age criteria is 56 to 75 years.

The policy can be issued for 1/2/3 years with flexible premium payment modes. Policyholders can cover themselves and their spouses under the Bajaj Allianz Tax Gain Plan.

Bajaj Allianz Tax Gain Policy Specifications

To understand Bajaj Allianz Tax Gain Policy Insurance in detail, take a look at the below table:

Entry Age

18 to 75 Years

Policy Type

Individual and Family Health Insurance

Sum Insured

1 L | 2 L | 3 L

Initial Waiting Period*

30 Days Days

Renewability

Lifetime

Policy Term

1 | 2 | 3 Years

*Initial Waiting Period is the time period between the issuance of the policy and the time it starts actively. During this period, a policyholder has to wait to avail of the benefits offered under a health insurance plan.

Read more specifications in the brochure.

Choose Your Bajaj Allianz Tax Gain Policy

With wide coverage options available, Bajaj Allianz Tax Gain Policy Insurance Plan allows you to choose your ideal coverage as per your family’s health requirements. Take a look at the coverage under every SI option available and choose your ideal coverage:

In-patient & Out-patient coverage

Room Rent

Not Covered

ICU Charges

Not Covered

Pre-Hospitalization

Not Covered

Post-Hospitalization

Not Covered

Domiciliary Hospitalization

Not Covered

Daycare Treatment

Covered

OPD Charges

Covered

Coverage Terms

COVID-19 Treatment

Covered

Cataract

Covered

No Claim Bonus

Not Covered

Automatic Restoration

Not Covered

Daily Hospital Cash

Not Covered

Organ Donor

Not Covered

Maternity Cover

Not Covered

New Born Baby Cover

Not Covered

Alternative Treatments

AYUSH Treatment

Not Covered

IVF Treatment

Not Covered

Modern Treatment

Covered

Emergency Coverage

Ambulance

Covered

Air Ambulance

Not Covered

Compassionate Travel

Not Covered

Global Coverage

Not Covered

Wellness Programmes

E-Consultation

Not Covered

Health Check-Up

Covered

Second Medical Opinion

Not Covered

Vaccination

Not Covered

Limitations

Co-payment

Applicable

Sub-limits

Applicable

Bajaj Allianz Tax Gain Plan Benefits

Insured individuals are entitled to multiple benefits with the Bajaj Allianz Tax Gain Plan that are mentioned below:

Plan Variants: Bajaj Allianz Tax Gain Plan offers 4 different types of plan variants with different coverage options. The plan also covers senior citizens offering them OPD coverage and hospitalization cover.
Tax Benefits: All premiums paid towards the Bajaj Allianz Tax Gain Plan are eligible to receive tax benefits under Section 80D as per the Income Tax Act of 1961.
Daycare Treatment Cover: Bajaj Allianz Tax Gain Plan offers daycare treatment coverage for 130 daycare procedures. Insurance holders can avail of medical care for all the listed daycare procedures as mentioned in the policy schedule.
Multiple Discounts: Bajaj Allianz Tax Gain Plan offers multiple long term discount options to insured individuals get a 4% discount for 2 years policy term, and an 8% discount for 3 years policy term. However, in case the premiums paid are opted to be paid in installments the discounts are not applicable.
Health Check-ups: Bajaj Allianz Tax Gain Plan offers a health check-up benefit at the end of every continuous period of 4 years.

Bajaj Allianz Tax Gain Policy Network Hospital List

Bajaj Allianz Tax Gain Policy Network Hospitals are present in 31 states nationwide. With a wide network of hospitals, Bajaj Allianz Tax Gain Policy ensures that you are medically secured, irrespective of the city you reside in.

Delhi

Mumbai

Bengaluru

Chennai

Kolkata

Hyderabad

Pune

Ahmedabad

Jaipur

Lucknow

Know More About Network Hospital

Bajaj Allianz Tax Gain Sample Premium

For a better understanding of how much premium you need to pay under the Bajaj Allianz Tax Gain Insurance, we at PolicyX.com have calculated the premium amount for different sum insured options based on different family sizes. Refer to the table below:

For 2 Adults

Sum Insured (Rs.)	5L	10L	15L	20L	25L
Premium Payable	13,158	16,443	19,405	21,729	23,906

For 2A+1C

Sum Insured (Rs.)	5L	10L	15L	20L	25L
Premium Payable	16,178	20,226	23,865	26,733	29,406

For 2A+2C

Sum Insured (Rs.)	5L	10L	15L	20L	25L
Premium Payable	19,205	24,007	28,332	31,730	34,904

Bajaj Allianz Tax Gain Plan Exclusions

Permanent Exclusions

Permanent diseases or health conditions that are not included under Bajaj Allianz Tax Gain Plan are:

Hospitalization out of war, riot, strike, and nuclear weapons

Intentional self-injury

AIDS

Miscarriage, and abortion

Congenital disease

Infertility and in vitro fertilization

Coverage after Waiting Period

Certain diseases and treatments are covered under this plan after a certain time period. Read the details below:

Listed ailments after 24 Months

Pre-existing diseases after 48 Months

Conclusion

Bajaj Allianz Tax Gain Insurance Plan is an OPD insurance plan along with hospitalization expenses cover available in 4 different variants allowing insurance holders to opt and customize their coverage accordingly.

The plan is a suitable choice for individuals who want coverage against Outpatient expenses.

Explore other Bajaj Allianz Health Insurance

To cater to the different medical needs of an individual & their family, Bajaj Allianz Health Insurance offers several Health Plans ranging from senior citizen plans to specialized plans for autistic children, to health insurance for cardiac patients, and many more.Take a look below to Bajaj Allianz Health Insurance plans explore more:

Accident Health Insurance

Bajaj Allianz Personal Guard

Global Personal Guard Policy by Bajaj Allianz is an individual and family floater global accident insurance policy that covers you against death, perm...

Unique Features

Death Cover
EMI Payment Cover
Hospital Cash Benefit

Bajaj Allianz Personal Guard (Pros)

Bajaj Allianz Personal Guard (Cons)

Bajaj Allianz Personal Guard (Other Benefits)

Bajaj Allianz Personal Guard (Eligibility Criteria)

18 to 70 Years

Individual and Family Health Insurance

My Health Care Plan

Bajaj Allianz My Health Care Plan is a truly flexible plan for personalized health care. The health insurer offers a bouquet of features allowing insu...

Unique Features

Avail Optional Cover
Maternity Cover
High SI

My Health Care Plan (Pros)

High SI options
OPD cover
Cataract cover

My Health Care Plan (Cons)

No cover for gender change treatments
No cover for obesity treatments
Infertility cover not available

My Health Care Plan (Other Benefits)

My Health Care Plan (Eligibility Criteria)

18 to 65 Years

Individual and Family Health Insurance

Bajaj Allianz Star Package

Bajaj Allianz Star Package Policy is a 360-degree family floater health insurance plan wherein you and your family members are protected against medic...

Unique Features

Super Cumulative Bonus
Co-Pay Available
8 Benefit Options

Bajaj Allianz Star Package (Pros)

Super cumulative bonus
Co-pay available
8 benefit options

Bajaj Allianz Star Package (Cons)

Domiciliary hospitalisation not covered
OPD coverage not available
Weight management treatments not covered

Bajaj Allianz Star Package (Other Benefits)

Bajaj Allianz Star Package (Eligibility Criteria)

18 to 65 Years

Individual and Family Health Insurance

Bajaj Allianz Tax Gain Policy

Bajaj Allianz Tax Gain Plan is a family floater health insurance policy providing coverage for outpatient expenses and hospitalization expenses under ...

Unique Features

OPD Cover
Senior Citizen Cover
4 Plan Variants

Bajaj Allianz Tax Gain Policy (Pros)

Multiple plan options available
OPD cover
Coverage for senior citizens

Bajaj Allianz Tax Gain Policy (Cons)

ICU charges not covered
Pre-hospitalisation not covered
No coverage for post-hospitalisation

Bajaj Allianz Tax Gain Policy (Other Benefits)

Bajaj Allianz Tax Gain Policy (Eligibility Criteria)

18 to 75 Years

Individual and Family Health Insurance

Bajaj Allianz Health Ensure

We all want to give the best facilities to our families and their sound health is of supreme importance to us; hence, we want to be the best regarding...

Unique Features

Comprehensive Coverage
Cumulative Bonus
Life Long Renewal

Bajaj Allianz Health Ensure (Pros)

Comprehensive coverage
Cumulative bonus
Lifelong renewal

Bajaj Allianz Health Ensure (Cons)

Domiciliary not covered
No coverage for infertility
Sub-limits applicable

Bajaj Allianz Health Ensure (Other Benefits)

Bajaj Allianz Health Ensure (Eligibility Criteria)

18 Years to no upper age limit

Individual and Family Health Insurance

Bajaj Allianz Critical Illness

Bajaj Allianz critical illness insurance plan ensures you a round-the-clock protection against critical illnesses. With a progressive and changing lif...

Unique Features

Covers 10 critical illnesses
In-house claim settlement
Lifelong renewability

Bajaj Allianz Critical Illness (Pros)

Cover for 10 critical illnesses
Lifelong renewability
Affordable premium options

Bajaj Allianz Critical Illness (Cons)

No cover for childhood defects
No cover for HIV/AIDS
Survival period of 30 days

Bajaj Allianz Critical Illness (Other Benefits)

Long Term Policy Discount
Major Organ Transplantation
Hassle free In House claim process

Bajaj Allianz Critical Illness (Eligibility Criteria)

18 to 65 Years

Individual and Family Health Insurance

Bajaj Allianz Health Care Supreme

Health Care Supreme is a comprehensive health care plan offered by Bajaj Allianz Health Insurance that provides lifetime coverage against the medical ...

Unique Features

Cover 15 Critical Illnesses
Preventive Health Check-ups
Long Term Policy

Bajaj Allianz Health Care Supreme (Pros)

Cover 15 critical illnesses
Preventive health check-ups
Long-term policy

Bajaj Allianz Health Care Supreme (Cons)

Global coverage not available
Domiciliary hospitalisation not covered
No compassionate travel benefits

Bajaj Allianz Health Care Supreme (Other Benefits)

Bajaj Allianz Health Care Supreme (Eligibility Criteria)

Individual and Family Health Insurance

Bajaj Allianz Health Guard

Bajaj Allianz Health Guard plan provides policyholders with a comprehensive range of benefits, ensuring that they are covered for the larger expenses ...

Unique Features

About Health Guard Variants
Buying Process ’On a Go’
Quick Claim Settlement

Bajaj Allianz Health Guard (Pros)

Lifelong entry age
SI upto 1 Crore
Variants available

Bajaj Allianz Health Guard (Cons)

Domiciliary not covered
E-consultation not available
No second medical opinion

Bajaj Allianz Health Guard (Other Benefits)

Bajaj Allianz Health Guard (Eligibility Criteria)

18 Years to Lifelong

Individual

Bajaj Allianz Health Infinity

Bajaj Allianz Health Infinity Plan is a unique health insurance plan. Bajaj Allianz Health Infinity Plan has been designed to give policyholders unlim...

Unique Features

Comprehensive Health Plan
Lifetime Renewability
Quick Claim Process

Bajaj Allianz Health Infinity (Pros)

Comprehensive coverage
Lifelong renewal
Easy and quick claim process

Bajaj Allianz Health Infinity (Cons)

OPD not covered
Infertility treatments not covered
Organ donor coverage not available

Bajaj Allianz Health Infinity (Other Benefits)

Bajaj Allianz Health Infinity (Eligibility Criteria)

18 to 65 Years

Accident Health Insurance

Premium Personal Guard

Bajaj Premium Personal Guard supports you in the hour of crisis and helps you to sustain the unforeseen risks providing security for the future and en...

Unique Features

In-house claim settlement team
Multiple Sum Insured Options
Lifelong Renewability

Premium Personal Guard (Pros)

In-house claim settlement team
Multiple sum insured options
Lifelong renewability

Premium Personal Guard (Cons)

Does not cover self-inflicted injury
No AIDS cover
Organ donation not covered

Premium Personal Guard (Other Benefits)

Premium Personal Guard (Eligibility Criteria)

18 to 65 Years

Individual and Family Health Insurance

Bajaj Allianz Arogya Sanjeevani

A versatile policy covering every family member. Bajaj Allianz Arogya Sanjeevani is a comprehensive health plan for individuals and families alike. Av...

Unique Features

Life-long Renewability
Hassle-free Claim Settlement
Flexible Payment Modes

Bajaj Allianz Arogya Sanjeevani (Pros)

Lifelong renewability
Affordable premiums
Cover for pre-policy health checkups

Bajaj Allianz Arogya Sanjeevani (Cons)

Low SI options
No cover for dental treatments
No cover for mental illness

Bajaj Allianz Arogya Sanjeevani (Other Benefits)

Bajaj Allianz Arogya Sanjeevani (Eligibility Criteria)

18-65 Years

Accident Health Insurance

Bajaj Allianz Personal Accident Policy

Bajaj Allianz Personal Accident Policy is a safety net for policyholders as life is uncertain and can throw any curveballs your way. Bajaj Allianz's P...

Unique Features

High sum insured
Death cover
Disability cover

Bajaj Allianz Personal Accident Policy (Pros)

Bajaj Allianz Personal Accident Policy (Cons)

Bajaj Allianz Personal Accident Policy (Other Benefits)

Bajaj Allianz Personal Accident Policy (Eligibility Criteria)

18 to 65 Years

Senior Citizen Health Insurance

Silver Health Plan

Bajaj Allianz Silver Health Plan for Senior Citizens is an adequate health plan if you are a senior citizen and are looking for an insurance plan or j...

Unique Features

Cover 15 Critical Illnesses
Preventive Health Check-ups
Long Term Policy

Silver Health Plan (Pros)

Cover 15 critical illnesses
Preventive health check-ups
Long term policy

Silver Health Plan (Cons)

Organ donor expenses not covered
Vaccination charges not covered
Self-inflicted injury not covered

Silver Health Plan (Other Benefits)

Silver Health Plan (Eligibility Criteria)

46 to 80 Years

Top Up and Super Top Up

Bajaj Allianz Extra Care Plus

Bajaj Allianz Extra Care Plus is a super top-up plan launched by Bajaj Allianz that covers all your medical expenses. Bajaj Allianz Extra Care Plus is...

Unique Features

Bajaj Allianz Super Top-Up
Avail High Sum Insured
Entry Age Up To 80 Years

Bajaj Allianz Extra Care Plus (Pros)

High sum insured
Entry age up to 80 years
Cover for family members available

Bajaj Allianz Extra Care Plus (Cons)

AIDS not covered
Self-inflicted injury not covered
Global coverage not available

Bajaj Allianz Extra Care Plus (Other Benefits)

Bajaj Allianz Extra Care Plus (Eligibility Criteria)

Individual

Bajaj Alianz Criti Care

Bajaj Allianz Critical Illness plans provide a multitude of benefits that protect the insured from life-threatening critical diseases. The numerous cr...

Unique Features

43 critical illnesses cover
All-stage cancer cover
Physiotherapy care available

Bajaj Alianz Criti Care (Pros)

43 critical illnesses cover
All-stage cancer cover
Physiotherapy care available

Bajaj Alianz Criti Care (Cons)

ICU cover not available
No pre and post-hospitalisation cover
No room rent cover

Bajaj Alianz Criti Care (Other Benefits)

Early Stage Cancers
Carotid Artery Surgery
Removal of one Kidney

Bajaj Alianz Criti Care (Eligibility Criteria)

18 to 65 Years

Bajaj Allianz Tax Gain: FAQs

1. What are the sum insured options available under the Bajaj Allianz Tax Gain Benefit?

The sum insured options available in the Bajaj Allianz Tax Gain Policy are INR 1/2/3 Lakhs.

2. What are the eligibility criteria for the Bajaj Allianz Tax Gain Policy?

The eligibility criteria for Bajaj Allianz Tax Gain Policy are: Minimum - 18 Years to 55 Years for Plan A, B and C Minimum- 56 to 75 Years

3. Are tax benefits available under the Bajaj Allianz Tax Gain Policy?

Yes, all the premiums paid towards the plan are eligible for tax benefits under the Bajaj Allianz Tax Gain Policy.

4. What are the coverage benefits available under the Bajaj Allianz Tax Gain Policy?

The coverage benefits available under the Bajaj Allianz Tax Gain Policy are as follows: Daycare Treatments OPD Expenses Hospitalization Expenses Pre & Post Hospitalization Expenses Free Health Check Up and more

5. Can I cover senior citizens under the Bajaj Allianz Tax Gain Policy?

Yes, senior citizens are covered under the Tax Gain Policy by Bajaj Allianz.