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Bajaj Allianz Hospital Cash

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Bajaj Allianz Hospital Cash Policy

 

Bajaj Allianz Hospital Cash Policy pays cash benefit of Rs.500 to Rs.2500 for each day of hospitalisation for a maximum of 30 / 60 days. A single policy can cover individual, spouse and children. A hospital cash policy pays for out-of-pocket costs that are generally not covered by other health policy.

 

 

Key Features of Bajaj Allianz Hospital Cash Policy

 

  • Provides cash benefits for each and every completed day of hospitalization
  • No need to submit any medical bills only discharge card is required
  • Double cash benefit in ICU for a maximum of 7 days

 

 

What is covered in Bajaj Allianz Hospital Cash Plan?

 

  • Daily Allowance for each continuous and completed period of 24 hours of Hospitalization necessitated solely by reason of the said Accidental Bodily Injury or Sickness
  • Miscellaneous expenses incurred on conveyance to and fro for treatment
  • Two times the Daily Allowance for each continuous and completed period of 24 hours required to be spent by the Insured in the Intensive Care Unit of a Hospital during any period of Hospitalization necessitated solely by reason of the said Accidental Bodily Injury or Sickness for a maximum period of 7 days for each Hospitalization
  • Cost of personal attendant hired
  • All kinds of out-of-pocket expenses
  • The policy pays for a max. period of 30/60 completed days per policy period regardless of number of confinements to Hospital /Nursing Home

 

 

Additional Benefits of Bajaj Allianz Hospital Cash Plan

 

  • The policy can be taken along with any other Health insurance scheme like Central Government Health Scheme (CGHS) or Employee State Insurance Scheme (ESIS)
  • Discount of 5% if family members are covered
  • Children above 3 yrs can be covered

 

 

Eligibility and Restrictions of Bajaj Allianz Hospital Cash Policy

 

 

 

Minimum

Maximum

Coverage Amount (in Rs.)

500 per day

2500 per day

Coverage period (in years)

30 days

60 days

Entry Age (in years)

18

60

 

 

Family floater policy will cover

 

  • An individual and/or his spouse
  • Children

 

 

Tax Benefits in Bajaj Allianz Hospital Cash Health Insurance Policy

 

Premium amount paid up to Rs. 15000/- p.a. is eligible for tax exemption under SEC 80 D of the Income Tax Act.

 

 

Exclusions - What is not covered in Bajaj Allianz Hospital Cash Policy?

 

  • Hospitalisation within 30 days from policy issuance
  • Pre-existing diseases
  • Surgery or dental treatment
  • Pregnancy or childbirth related treatment
  • Natural calamities like earthquake
  • Accidents related to drunken driving
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