Bajaj Allianz Silver Health Insurance
Bajaj Allianz Silver Health is a policy for Senior Citizens and offers cashless benefit or reimbursement for hospitalisation expenses. This policy covers medical costs arising out of illness or injury resulting in hospitalisation.
Cashless facility
Pre-Post Hospitalisation
Pre-existing illnesses
Compare this plan with other Health Plans
Key Features
Pre-existing illnesses covered upto 50% from second year of the policy
If policy is renewed continuously, there is a lifetime indemnity limit
Flat benefit of 3% paid on admissible pre and post hospitalisation expenses
Cashless facility at 2400 network hospitals
Bajaj Allianz Silver Health Policy will cover
Individuals over 46 years of age
Benefits
Doctor’s consultation and visiting charges
Covers hospitalisation expenses
Room rent
OT charges, consumables and hospital related expenses
Emergency Ambulance charges up to Rs.1000
Waiver of co-payment can be taken on payment of additional premium
5% cumulative bonus added to sum assured for every claim free year
Free Health check-up after 4 continuous policy renewals.
Tax Benefit
Health Insurance premiums paid up to Rs 20,000 for senior citizens are 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.) | 50,000 | 5,00,000 |
| Policy Term (in years) | 1 | 3 |
| Entry Age (in years) | 46 | 70 |
| Renewable till Age (in years) | - | 75 |
Exclusions
- 20% co-payment has to be done by the policyholder if treatment taken from non-network hospital
- 1 year waiting period for diseases like hernia, cataract, piles, hysterectomy, hypertrophy
- Non-allopathic treatment and medicine costs
- HIV, AIDS, non-allopathic treatment, cosmetic treatments, joint replacement surgery, intoxicating drugs or alcohol related diseases
- Mental or psychiatric illness
