Review of Bajaj Allianz Family Floater Health Guard Policy
This is a basic health insurance policy which covers the medical expenses incurred by any of the insured family members in case of hospitalisation due to an injury or accident.
Our Advice – Health Insurance unlike motor insurance is not compulsory by law but still people are increasingly covering themselves and their families with different kinds of mediclaim and health insurance plans. This is largely because they want to combat the rising costs of medical treatment and health care. It is important that each one realizes the importance of medical insurance and covers his/her family appropriately.
Key Features of Bajaj Allianz Family Floater Health Guard Policy
Type of plans available in Bajaj Allianz Family Floater Health Guard Policy
The plan is available in both types -
What is covered in Bajaj Allianz Family Floater Health Guard Policy?
Additional Benefits of Bajaj Allianz Family Floater Health Guard Policy
Eligibility and Restrictions of Bajaj Allianz Family Floater Health Guard Policy
|
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 |
Family floater policy will cover
Tax Benefits
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.
Exclusions - What is not covered in Bajaj Allianz Family Floater Health Guard Policy?