Six-in-one healthcare insurance from Bajaj Allianz Life
Our Banking Bureau
21 October 2005
Mumbai: Bajaj Allianz Life Insurance Limited, has launched a three-year, 6-in-1 healthcare plan. This is a low-priced insurance plan with comprehensive health cover with life insurance benefit. The premium remains unchanged for three years and protects policyholders and their families from the expenses associated with medical care, while also providing a comprehensive financial cushion against various health hazards.
This 6-in-1 healthcare plan includes life cover, hospital cash, surgical benefit, post hospitalisation benefit, critical illness cover and accidental permanent total / partial disability (APT / PD).
The benefits would be available for hospitalisation in any registered hospital with 15 beds across the country.
Sam Ghosh, Country Manager Allianz & CEO Bajaj Allianz Life Insurance, says, "This new healthcare plan offers a long-term affordable policy that not only protects one from huge medical expenses but also provides total solution against probable health hazards. We, at Bajaj Allianz have always striven to work towards the betterment of the society and this is one such recent step in that direction.
The 6-in-1 healthcare plan is available in units between 1 (minimum cover) to 10 (maximum cover) wherein the policyholder has the option to choose separate units of various covers.
The table given below gives you a better picture of the HealthCare plan:
|Feature||Minimum Cover ( Unit 1)|
|1) Hospital cash (HC)||Equal to room charges (Rs500 per day and Rs1,000 per day in ICU), up to a maximum of Rs30,000 in a policy year|
|2) Post hospitalisation benefit||50 per cent of claim settled for hospital cash per day, up t9o a maximum of five days in a policy year|
|3) Surgical benefit||Equal to surgical expenses, Rs50,000 per policy year|
|4) Critical illness cover||Rs50,000 during the policy term|
|5) Accidental permanent total / Partial disability (APT / PD)||Rs50,000 payable on total disability and Rs25,000 payable on partial disability|
|6) Life cover||Rs10,000|