Bajaj Allianz Critical Illness Health Insurance Policy
Bajaj Allianz Critical Illness Health Insurance Policy Introduction
Bajaj Allianz Critical Illness Health Insurance Policy is an Online Health Insurance Policy. A guaranteed cash amount will be paid if the unexpected happens and you are diagnosed with a critical illness. Bajaj Allianz Critical Illness Health insurance is a benefit policy which covers 10 Critical Illnesses. A lump sum amount would be paid on diagnosis of one of the listed critical illness subject to the policy terms and conditions.
- The benefit amount is payable once the disease is diagnosed and the insured survives 30 days after the diagnosis.
- The insured can utilize this amount for treatment of the disease, donor expenses, lifestyle changes or a planned treatment outside India etc
- Hassle free In House claim process
- Premium paid is exempt under Section 80D of Income Tax Act. For more information regarding Income Tax Benefits, visit www.taxqueries.in.
- Competitive premium rates
Terms and Eligibility Conditions of Bajaj Allianz Critical Illness Health Insurance Policy
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| Entry age for Dependent Children: |
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| Policy term: |
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| Sum assured: |
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| Renewable till age: |
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| Pre-policy medical checkup: |
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| Documents Required for fresh policy: |
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| Documents Required during Renewal: |
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Key Features of Bajaj Allianz Critical Illness Health Insurance Policy
- Free Look Period: If you are not satisfied with the Bajaj Allianz Critical illness policy, you can cancel the policy within 15 days of receipt of the policy documents, provided there has been no claim.
- Portability: If you are insured under any other health insurance policy of Non life insurer you can transfer to Bajaj Allianz Critical illness policy with all your accrued benefits after due allowances for waiting periods.
- Revision/ Modification of the Policy: Revision or Modification of the policy is possible at any time in future, with appropriate approval from IRDA.
- Withdrawal of Policy: Withdrawal of Bajaj Allianz Critical illness policy is possible at any time in future with a intimation of 3 months to all the existing insured members.
- Loading: Loading is applicable for the proposals with adverse health conditions, or positive test report findings.
Inclusions in Bajaj Allianz Critical Illness Health Insurance Policy
Bajaj Allianz Critical Illness insurance covers 10 Critical Illnesses they are,
- First Heart Attack (Myocardial Infarction)
- Open Chest CABG (Coronary Artery Disease Requiring Surgery)
- Stroke Resulting in Permanent Symptoms
- Cancer of Specified Severity
- Kidney Failure Requiring Regular Dialysis
- Major Organ Transplantation
- Multiple Sclerosis with Persisting Symptoms
- Surgery of Aorta
- Primary Pulmonary Arterial Hypertension
- Permanent Paralysis of Limbs
Exclusions in Bajaj Allianz Critical Illness Health Insurance Policy
Exclusions under Bajaj Allianz Critical Illness Health Policy are,
- Any critical illness diagnosed within the first 90 days.
- War, civil war, revolution, invasion, act of foreign enemies, Nuclear energy, radiation, etc.,.
- Pregnancy, resulting childbirth, miscarriage, abortion, or complications arising out of any of these.
- Death with in 30 days following the diagnosis of the critical illness.
- HIV and/or any HIV related illness including AIDS and/or mutant derivatives or variations there of however caused.
- Any critical illness for which care, treatment, or advice was recommended.
For detailed list of exclusions refer Bajaj Allianz Critical illness Brochure and Bajaj Allianz Critical illness Policy Wordings.
Claim Procedure under Bajaj Allianz Critical Illness Health Insurance Policy
Claim Procedure under Bajaj Allianz Critical Illness Health policy is,
- You must inform Bajaj Allianz in writing immediately within 48 hours of diagnosis of any of the listed Critical Illnesses.
- Consult a Doctor and follow the advice and treatment that he recommends.
- If required, you must have Yourself examined by company’s medical advisors.
- You or someone claiming on Your behalf must give the documentation within 30 days of diagnosis as per the claims documents list specified below.
Documents to be submitted for Claims:
- Critical Illness Insurance Claim Form duly signed by the insured along with NEFT Form signed by the Claimant
- Copy of Discharge Summary / Discharge Certificate.
- Copy of Final Hospital Bill
- Policy copy
- First consultation letter for Illness
- Medical certificate for the duration of illness
- All required Investigation Reports as per the Illness
- Medical certification from specialist
Bajaj Allianz Critical Illness Health Insurance Policy premium calculator
You can calculate the premium using Bajaj Allianz Critical Illness premium calculator. Policy period, Number of members, Age and Sum assured are required to calculate the premium.
Bajaj Allianz Critical Illness Health Insurance Policy Premium Rates/Coverage
Bajaj Allianz Critical Illness Premium table:
Frequently asked questions (FAQ) of Bajaj Allianz Critical Illness Health Insurance Policy
What will be the renewal age?
Under normal circumstances, lifetime renewal benefit is available under Bajaj Allianz Critical illness policy except on the grounds of fraud, misrepresentation or upon the occurrence of an event of Critical Illness.
When can I enhance my Sum Insured under this policy?
The Insured can apply for enhancement of Sum Insured at the time of renewal by submitting a fresh proposal form to the company.
Is Tax Benefit available under this policy?
Yes, You can avail Tax benefit under section 80D of the Income Tax Act.
Bajaj Allianz Critical Illness Health Insurance Policy Documents and Forms
Bajaj Allianz Critical illness Brochure
Bajaj Allianz Critical illness CIS
Bajaj Allianz Critical illness Claim Form
Bajaj Allianz Critical illness Policy wordings
Bajaj Allianz Critical illness Proposal form