Bajaj Allianz Sankat Mochan

  • 1 Comment
  •  
  • 8,750  Views

 

Bajaj Allianz Sankat Mochan Health Insurance Policy

 

Bajaj Allianz Sankat Mochan is a policy which covers medical and hospitalisation expenses arising out of accidents. It covers individuals against permanent or temporary disability, death and pays cash and hospitalisation expenses.

 

With a special focus towards injuries and fatalities being caused due to accidents, Bajaj Allianz Sankat Mochan is a good insurance policy to cover individuals and family members.  The policy offers cover for serious injuries, disability, hospitalisation expenses and even death caused due to accident.

 

 

Key Features of Bajaj Allianz Sankat Mochan Policy

 

  • Offers dual benefit of personal accident policy and accidental hospitalisation cover
  • 125% of Sum insured is compensated in case of permanent total disability
  • No health check-up is required
  • Provides Children’s education bonus benefit
  • Accidents due to terrorism also covered

 

 

Type of plans available in Bajaj Allianz Sankat Mochan Health Insurance Plan

 

There are 16 plans available to cover:

 

Risk Class 1: Covers individuals engaged in administrative or managing functions like teachers, bankers, accountants, doctors, lawyers, architects, consulting engineer or primarily engaged in a similar occupation

 

Risk Class 2: Covers individuals engaged in manual labour, mechanic, machine operators, car, truck, lorry or heavy vehicle drivers, cash carrying employee, builders, contractors and supervising engineers, veterinary doctor, or engaged in a similar occupation

 

 

What is covered in Bajaj Allianz Sankat Mochan Plan?

 

  • Permanent total disability, temporary total disability, permanent partiality disability and death
  • In case of temporary total disability, 1% of sum insured is paid every week up to 100 weeks

 

 

Additional Benefits of Bajaj Allianz Sankat Mochan Policy

 

  • Personal accident benefit and accidental hospitalization expenses
  • In house claims done by the company. No intermediary TPA
  • In case of Permanent Total Disability the policy offers a compensation of 125% of the Sum Insured
  • The policy also provides a Children's Education bonus in the event of Death or Permanent Total disability of the Proposer

 

 

Eligibility and Restrictions of Bajaj Allianz Sankat Mochan Policy

 

 

Minimum

Maximum

Policy Term (in years)

1

1

Entry Age (in years)

18

65

Renewable till Age (in years)

-

65

 

 

Family floater policy will cover

 

An individual and/or his spouse

 

 

Tax Benefits in Bajaj Allianz Sankat Mochan Health Insurance Policy

 

The policy offers Income Tax Benefit on the premium paid for Accidental Hospitalisation section under Sec 80 D of the Income Tax Act

 

 

Exclusions - What is not covered in Bajaj Allianz Sankat Mochan Policy?

 

  • Accidental bodily injury due to suicide or self-infliction
  • Accidental injury while under influence of drugs or alcohol
  • Accident due to deliberate or intentional criminal act or act done against the law
  • Accidents due to flying or sporting activities
  • War, nuclear energy, radiation
  • Pregnancy or child-birth related
  • HIV or AIDS related

 

 

Alternate health insurance plans from other insurance companies

 

Tata AIG Accident and Sickness Hospital Cash

Apollo Munich Individual Personal Accident

Oriental Personal Accident Individual Policy

Bharti Axa Smart Personal Accident Individual Insurance

 

 

Other Health plans from Bajaj Allianz

 

Bajaj Allianz Extra Care

Bajaj Allianz Individual Health Guard

Bajaj Allianz Personal Guard

Bajaj Allianz Critical Illness

Bajaj Allianz Star Package

Bajaj Allianz Health Ensure

Bajaj Allianz Hospital Cash

~ By Deepak Yohannan
Note: This is a statement of facts based on the information collected from the Bajaj Allianz Sankat Mochan brochure and insurance company's website. It should not be construed as a Critical or Favourable Bajaj Allianz Sankat Mochan Review, Analysis or Recommendation.
Insurance is a subject matter of the solicitation.


Leave a Comment

wanted to know last 5 year of performance of ULIP SBI life smart scholar? where will get it...

By Dhiraj on Jul 11, 2011 Reply

Know more about this policy

Date of Birth

  

  I agree to the Terms & Conditions
  and Privacy Policy.

Save Tax and Protect your Family
MyInsuranceClub.com is Approved Web Aggregator

Stay Connected!