Bajaj Allianz Individual Health Guard
Bajaj Allianz Individual Health Guard is a basic health insurance policy to take care of hospitalisation expenses due to any illness or accident. It pays the medical costs for 130 day care procedures like glaucoma which do not require 24 hr. Family members can also be added under this cover. The policy can be conveniently bought especially for persons below 46 yrs of age as no medical check-up is required.
Key Features
Can be renewed till the age of 80 years
No medical tests required for Sum Insured up to Rs.10 lacs for age up to 45 yrs
No sub-limits on hospitalisation expenses and room rent
Free Medical check-up after 4 claim free years
Family discount of 10%
Medical check-up is compulsory if age over 46 yrs. 100% cost of check-up is refunded by Bajaj Allianz on policy issuance
Cashless facility is available at all empanelled hospitals. If the customer opts for hospitals other than the ones on panel, then the claim expenses shall be reimbursed within 14 working days from submission of all documents
- Medical expenses on hospitalisation due to illness and accidents
- Nursing care, hospital room and boarding expenses
- Medical consumables, cost of medical staff like doctor, surgeon etc
Emergency ambulance charges up to Rs.1000
130 Day care procedures which do not require 24 hr hospitalisation
- Pre-hospitalisation expense covered for 60 days
- Post-hospitalisation expense covered for 90 days
Hospital room accommodation – on a shared basis
Benefits
Free health check-up on 4 continuous policy renewals
Lasik surgery covered after 4 renewal years
Innovative packages to meet individual needs
Children aged 3 months to 25 yrs are eligible if both the parents are insured
Tax Benefit
In case of individuals the premiums paid up to Rs.15000 towards Health Insurance will be exempted from taxable income and Rs 20,000 for senior citizens is allowed as a deduction from the taxable income each year under section 80D of the Income Tax Act.
Eligibility
|
|
Minimum |
Maximum |
|
Coverage Amount (in Rs.) |
1,00,000 |
10,00,000 |
|
Policy Term (in years) |
1 |
1 |
|
Entry Age (in years) |
18 |
65 |
|
Renewable till Age (in years) |
- |
80 |
Exclusions
- Pre-existing conditions for first 4 yrs
- First 2 yrs exclusion on certain conditions like gastric or duodenal ulcers, cataract, hernia, hydrocele, sinuses, surgery for any skin ailment, stones, endometriosis, fibromyoma, surgery on ears / tonsils / adenoids/paranasal sinus, hysterectomy etc
- First 4 yr exclusion on joint replacement surgery, congenital internal diseases, laser treatment for eye sight correction etc
- Any treatments done within the first 30 days from the date of policy issuance
- Any treatment due to abuse of drugs, alcohol, hallucinogens, intoxicant
- HIV, AIDS and related diseases
- Non-allopathic treatment, congenital diseases (existing at birth), cosmetic treatments
- Any act of war, invasion, commotion or unrest
- Cosmetic or plastic surgery unless for treatment of cancer, burns or accidental bodily injury
- Cost of spectacles, hearing aids, crutches, artificial limbs and dental fixtures
- General rest cure
- Mental or psychiatric conditions, Parkinson’s and Alzheimer’s disease
