However, you will not be covered for any health insurance claim in these 30 days. The key features of this policy are lifetime renewal facility, free look period of 15 days, multiple Sum Insured options and cashless claim facility. 1800-209-5959, Sales : You are covered for pre and post hospitalization expenses up to 60 days and 90 days respectively, if these expenses are related to the treatment that you are receiving. Each top up premium has a lock in of 5 years. Missed your renewal deadline? It's so quick and hassle-free that you'll be done with it before you can even add it to your to-do list. Bajaj Allianz General Insurance Health Insurance policy helps you save tax up to INR 1 lakh under Section 80D against the premiums you pay. You do not have to undergo a medical check-up every time you renew your health insurance policy. I hereby authorize Bajaj Allianz General Insurance Co. Ltd. to call me on the contact number made available by me on the website with a specific request to call back at a convenient time. Deductible: Deductible is the concept of cost sharing between you and your insurance company for paying for your health care expenses. You are eligible for free health check-up if you renew your health insurance policy continuously for 4 years without filing any health insurance claim. Pre hospitalization expense is as a result of tests, medication that would have to be undertaken prior to the hospitalization for the treatment. That's literally all it takes to renew health insurance and continue being covered. Images used on this website and the models photographed in them are for representative purposes only and We will verify these documents and settle your claim by depositing the final claim amount directly in your bank account. But, if you do not renew your policy in the grace period as well, then your health insurance policy will lapse and you will not be covered for any medical emergency. However, there might be some hospitals that may have been delisted by your insurance provider and you will not be covered in case you choose one of those hospitals for getting the required medical attention. Health Infinity will cover pre-hospitalization medical expenses of … However, if there has been a break in health insurance renewal or if you have upgraded the coverages of your medical insurance plan while renewing the policy, then you might be required to undergo some medical check-ups. Health Infinity plan, launched by Bajaj Allianz is a special plan that does not have any Sum Insured limit. All you need to do it inform the insurance desk in the network hospital about your policy number. Network hospital is a hospital that has an agreement signed with your health insurance company. If you opt for Sum Insured between INR 3 lakhs and INR 7.5 lakhs, then the coverage is restricted to INR 15000 for normal delivery and INR 25000 for caesarean section and if you opt for Sum insured between INR 10 lakhs and INR 50 lakhs, then it is restricted to INR 25000 for normal delivery and INR 35000 for caesarean section. Bajaj Allianz Cash Rich Plan is a Money Back Plan. A health insurance policy can help you save tax up to INR 1 lakh under Section 80D of the Income tax Act, 1961 against the premium paid. Our health insurance policies do not cover you for getting any sort of treatment that you receive outside India. If you think that it not an adequate medical insurance plan for you, then you can cancel this medical insurance policy within 15 days. However, you will have to bear the cost of non-medical items and other non-payable items as per your health insurance policy. usually medical tests are not mandatory for people below the age of 45 years. Claim settlement ratio of a health insurance company is the ratio of the number of claims settled by a health insurance company to the total number of claims raised in a given time frame. You will be able to enhance your Sum Insured during the renewal of your policy as per underwriting terms and conditions. ✓ You should not hide anything from your health insurance provider like pre-existing illnesses. In-patient Hospitalisation Treatment If the Insured is Hospitalised on the advice of a Medical Practitioner (as defined under Policy) because of Illness or Accidental Bodily Injury sustained or contracted during the Policy Period, then the Company will pay the Insured, Reasonable and Customary Medical Expenses incurred for: Cashless claims facility at over 6,500+ hospitals across the country, Cashless claim settlement within 60 minutes, 24*7 call assistance for claims settlement and all your health insurance related queries, In-house Health Administration Team (HAT) for faster claims processing, Easy to buy/renew online insurance policies, Quick claim settlement up to INR 20,000 through our app via Health CDC (Claim by Direct Click), Access to better medical care with our wide range of Network Hospitals all over the country. Bajaj Allianz Health Guard insurance policy offers comprehensive benefits at an affordable price that ensure you are covered for the larger expenses related to multiple illnesses or surgeries. If you purchase a long term health insurance policy (more than 1 year), then you can get great discounts. With this fast-paced life, people often forget to pay forget their insurance premium on time. The policy also covers in-hospital expenses, ambulance charges, room rent and boarding expenses (coverages will differ based on the selected product). are not indicative of anyone's personal thoughts or ideas. 1800-209-1021, Agri Claims 1800-209-5858, Sales :1800-209-0144 There are several types of health insurance plans in India. You can apply for revised Sum Insured (SI) with the new insurer. This way you have the benefit to change your insurance company and opt for a medical insurance policy better than your current one. You can track the status of your health insurance claim using our mobile app - Caringly Yours, by using our online claim settlement portal and by calling our customer care. Mantri Fasal Bima Yojana, Pradhan Here are a few other factors that determine your Health Insurance premium: You can use our health insurance calculator to get an estimate of the premium that you need to pay towards your health insurance policy. Sub-limit can be a fixed percentage of the Sum Insured opted by you or a fixed amount as agreed between you and your health insurance company. So, if you decide the coinsurance between two health insurance companies (A and B) as 40% and 60% respectively, then on a claim of INR 1 lakh, company A will reimburse INR 40,000 to you and company B will reimburse INR 60,000 to you, as per the terms and conditions of your health insurance policies. Health insurance is like a financial security that you have for handling your medical expenses. The Health Ensure plan is a comprehensive healthcare plan with no age limit. While it is extremely important to exercise caution, another form of assistance would be buying a health insurance policy. Health insurance premium is the amount that an insurer charges for providing a health insurance cover to you. Bajaj Allianz Health Insurance Plans Review. Here’s how you can save tax: On the premiums you pay for yourself, your spouse, children and parents, you can avail INR 25,000 per annum as a deduction against your taxes (provided you are not over 60 years). understand that these With cashless mediclaim, your medical bill will be automatically by your health insurance provider to the network hospital where you are undergoing a treatment. As per the notification no. For more details on benefits, exclusions, limitations, terms You get the required care during hospitalization as well as for pre & post hospitalization treatments. These medical expenses incurred before hospitalization are called pre hospitalization expenses. The premium rate revisions are not applicable up to the expiry of your policy. On verification of these documents, your claim will be directly settled by your insurer to the hospital. registered on National Customer Preference Register (NCPR) under either Fully or Partially Blocked category, any call made or SMS sent in response to my request shall not be construed as an Unsolicited Commercial Communication even However, with policies like Arogya Sanjeevani, you can pay health insurance premium on installment basis – yearly, half-yearly, quarterly and monthly as per your convenience. A hard-hitting truth is that whether your trip to hospital is planned or it comes as an unpleasant surprise, it is sure to cost you heavily. Yes, outpatient expenses are covered under medical insurance plans either with mandatory hospitalization of 24 hours or as a top-up in the form of OPD cover. Sales: 1800-209-5858, Sales :1800-209-0144 ✓ Number of members covered : Your health insurance premium changes as you include more number of members to be insured like in the family floater health insurance plans. While this may give you an idea of health insurance coverage, you should always check with health insurance companies, to know more about the types of health insurance coverage they offer. Health insurance policies offered by Bajaj Allianz cover various benefits like pre and post hospitalization expenses, day care treatment, etc. You can save your hard-earned money for living your life to the fullest, instead of spending a huge part of it on medical care. This health insurance policy provides a daily hospital cash benefit at very affordable premium rates. available by So, Health Insurance plans are your cover against unexpected health-related costs that may threaten to deplete your savings. ✓ You should choose to buy a health insurance policy from a company that has maximum tie-ups with hospitals, so that you get the benefit of cashless claims. Accidental Hospitalization expenses Also, our premium rates are very competitive and all our health insurance policies are loaded with the latest features and best coverages. You can skip the worry to renew your long term health insurance plans for 2 to 3 years. 1800-209-0144 (Toll Free), Pradhan This concept is called coinsurance. If you have just purchased your health insurance policy, you can cancel it in the free look period without paying any cancellation fee. Cash is king, it’s a known fact. ✓ You should take a note of waiting periods and exclusions. This 30 day period is the grace period. Different health insurance policies have different health insurance premiums depending upon the coverages offered by them. After your claim is filed and settled, your insurance cover will be reduced by the amount that has already been paid to you. Save time and money with a hassle-free medical coverage for your entire family. What Constitutes As Fraud. By using the premium online services, you can pay the premium anywhere in the world and at any time since it offers the 24/7 services. Well, you’ll be glad to know that you have a grace period of 30 days from the expiry date to renew your health cover. You can enhance the coverages provided with your existing health insurance policy. It takes care of the medical treatment expenses incurred during hospitalisation resulting from severe illnesses or … Step 3: you'll land on a page where you're required to fill in details like policy number, date of birth, email id and mobile number. 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