India's 1st IRDAI Approved Insurance Web Aggregator

Bajaj Allianz Critical Illness

  •  views
  •  views

 

Bajaj Allianz Critical Illness Policy

 

Bajaj Allianz Critical Illness Policy offers a security that a guaranteed cash sum will be paid if the insured is diagnosed with a critical illness. Bajaj Allianz Critical Illness is a benefit policy where the benefit amount as lump sum is payable once the disease is diagnosed and the insured survives 30 days after the diagnosis. 

 

 

Key Features of Bajaj Allianz Critical Illness Policy

 

  • Sum Assured available up to Rs. 50 lacs
  • If the insured survives 30 days post diagnosis of critical illness, a lump sum benefit amount is paid
  • Donor’s expenses for transplant (usually not covered under mediclaim) can be paid from the amount received, both in India and abroad
  • The insured receives the benefit amount as lump sum; this helps him/her to plan the treatment accordingly

 

 

What is covered in Bajaj Allianz Critical Illness Plan?

 

  • Cancer
  • First heart attack
  • Paralysis
  • Coronary artery bypass surgery
  • Kidney Failure
  • Stroke
  • Major organ transplant
  • Multiple Sclerosis
  • Aorta Graft Surgery
  • Primary Pulmonary Arterial Hypertension

 

 

Additional Benefits of Bajaj Allianz Critical Illness Plan

 

If treatment taken at non-network hospital, the expenses will be reimbursed within 14 days

Wide cover for illnesses and diseases

 

 

Eligibility and Restrictions of Bajaj Allianz Critical Illness Policy

 

 

 

Minimum

Maximum

Coverage Amount (in Rs.)

1,00,000

50,00,000

Policy Term (in years)

1

1

Entry Age (in years)

6

59

Renewable till Age (in years)

-

-

 

 

Tax Benefits in Bajaj Allianz Critical Illness Policy

 

Tax benefit can be claimed under section 80D of the Income Tax Act

 

 

Exclusions - What is not covered in Bajaj Allianz Critical Illness Policy?

 

  • Pre-existing critical illness
  • Critical illness diagnosed within first 90 days from policy issuance
  • Death within 30 days from diagnosing the critical illness
  • HIV or AIDS related infection
  • Pregnancy related or congenital diseases (existing at birth)
  • War, terrorist acts, military acts etc
Similar Withdrawn Health Insurance Plans from Bajaj Allianz
Compare Health Plans

Leave a Comment

Critical Illness Insurance Calculator