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Bajaj Allianz Star Package Policy
Bajaj Allianz Star Package Health Insurance Policy
Bajaj Allianz Star Package Plan is a unique policy which covers individual and family members under the floater option. It covers death or injury resulting in disability (either permanent or temporary). Also takes care of various expenses towards hospital costs, critical illness, household contents, education grant etc.
Key Features of Bajaj Allianz Star Package Health Insurance Plan
Products covered under this policy are Hospital Cash, Critical Illness, Education Grant, Health Guard, Personal Accident, House Holder Content, Traveling Baggage and Public Liability
Family floater option can be availed by paying additional amount. For spouse additional premium to be paid is 50% and for children it is 25%
Policy term of 3 yrs available
10-15% discount available if more than 4 products are taken or long-term policy for more than 2 yrs taken
What is covered in Bajaj Allianz Star Package Policy?
130 Day care procedures which do not require 24 hr hospitalisation are covered
Pre-hospitalisation expenses covered for 60 days and post-hospitalisation covered for 90 days
Under the Critical Illness section, a lump sum amount is paid by the company.
Under the Education Grant policy, a cover of 2 lakhs to 5 lakhs is made available for the child. This is in case of an accidental death or permanent total disability to the policyholder
Under the Household contents section a percentage of the actuals of the loss due to burglary, fire etc are paid.
Additional Benefits of Bajaj Allianz Star Package Plan
At an additional premium of 10% to 25%, you can take add on coverage for relative’s accommodation, organ transplant expense of donor, burial and cremation expense, reconstructive surgery, physiotherapy etc.
You can choose the sections you want coverage for from a number of options
Eligibility and Restrictions of Bajaj Allianz Health Star Package Policy
Coverage Amount (in Rs.)
Policy Term (in years)
Entry Age (in years)
Renewable till Age (in years)
Personal accident – 65 yrs
Hospital cash – 60 yrs
Health Guard – 80 yrs
Education Grant – 65 yrs
Bajaj Allianz Star Package Health Insurance Policy will cover
An individual and/or his spouse
Tax Benefits in Bajaj Allianz Star Package Health Insurance Policy
Health Insurance premiums paid up to Rs. 15,000 in case of individuals and 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.
Exclusions - What is not covered in Bajaj Allianz Star Package Policy?
Pregnancy related diseases.
Treatments within first 30 days
Dental treatments and surgery
Conditions arising due to natural calamity like earthquake etc
10% co-payment has to be done by the policyholder if treatment taken from non-network hospital
Disease such as hernia, sinusitis, piles, cataract not covered for first 2 yrs
4 yr exclusion on HIV, AIDS, non-allopathic treatment, congenital diseases (existing at birth), cosmetic treatments , joint replacement surgery, intoxicating drugs or alcohol related diseases