Bajaj Allianz Corona Kavach Policy covers expenses incurred on coronavirus treatment. It is a standard health insurance product to help people fight this global pandemic and be able to meet the medical expenses. The policy coverage benefits are standard across all the insurance providers. The policy ensures protection to you and your family in case of a COVID-19 related medical emergency.
The features and benefits of Coronavirus health insurance by Bajaj Allianz are common across all the insurers. The policy covers medical expenses associated with a coronavirus positive case that may not be covered under a regular health insurance plan. Check out some of the unique features and benefits offered under this Policy:
Bajaj Allianz Corona Kavach policy is eligible for anyone who is 18 years old and upto 65 years old. This is a family floater policy that will cover your:
The policy compensates you for coronavirus hospitalization expenses as mentioned under:
Home Care Treatment Expenses are covered if the test results positive by a Government Authorized diagnostic Centre and the treatment was advised at home with the following terms and conditions
Home care treatment expenses that are covered under this coronavirus insurance policy are listed below:
If the patient seeks Ayurveda treatment for COVID-19 in the form of Homeopathy, Unani, Siddha, Yoga and Naturopathy, it is also covered. If the insured COVID positive person gets admitted to any AYUSH hospital, the policy will cover the expenses.
The Corona Kavach policy also covers 15 days of pre-hospitalization medical expenses and 30-days of post-hospitalization treatment.
You can buy this add-on cover by paying an additional cover over and above the basic policy coverage. The applicant can also opt for Hospital Cash benefit that entitles the insured person to 0.5% of the coverage amount for each day of hospitalization. It is valid only for a maximum of 1 5 days during the policy term in respect of every insured member.
Being a benefit add-on cover, the policyholder does not require any receipts or bills to claim the due amount provided the base claim is admissible by the insurer.
The policy covers almost all the coronavirus related expenses, but there are certain conditions under which the policy can reject the claims:
The policy premium for Bajaj Allianz Corona Kavach Policy are given in the table below:
Premium for Standard Indemnity Base Cover for tenure of 3 1/2 months
Sum Insured (Rs.) | Age Criteria | 50,000 | 1,00,000 | 1,50,000 | 2,00,000 | 2,50,000 | 3,00,000 | 3,50,000 | 4,00,000 | 4,50,000 | 5,00,000 |
Standard Cover | 0-35 years | 447 | 531 | 555 | 585 | 615 | 648 | 681 | 717 | 753 | 792 |
36-45 years | 897 | 1,110 | 1,167 | 1,227 | 1,293 | 1,359 | 1,431 | 1,503 | 1,581 | 1,662 | |
46-55 years | 1,347 | 1,905 | 2,004 | 2,109 | 2,217 | 2,334 | 2,454 | 2,583 | 2,715 | 2,856 | |
56 and above | 1,494 | 2,253 | 2,370 | 2,493 | 2,622 | 2,760 | 2,901 | 3,054 | 3,210 | 3,378 |
(Source: Bajaj Allianz General Insurance. The premiums are in Indian Rupees and are exclusive of GST)
Standard Indemnity Base Cover Premium for 9 1/2 months
Sum Insured (Rs.) | Age Criteria | 50,000 | 1,00,000 | 1,50,000 | 2,00,000 | 2,50,000 | 3,00,000 | 3,50,000 | 4,00,000 | 4,50,000 | 5,00,000 |
Standard Cover | 0-35 years | 596 | 708 | 740 | 780 | 820 | 864 | 908 | 956 | 1,004 | 1,056 |
36-45 years | 1,196 | 1,480 | 1,556 | 1,636 | 1,724 | 1,812 | 1,908 | 2,004 | 2,108 | 2,216 | |
46-55 years | 1,796 | 2,540 | 2,672 | 2,812 | 2,956 | 3,112 | 3,272 | 3,444 | 3,620 | 3,808 | |
56 and above | 1,992 | 3,004 | 3,160 | 3,324 | 3,496 | 3,680 | 3,868 | 4,072 | 4,280 | 4,504 |
(Source: Bajaj Allianz General Insurance. The premiums are in Indian Rupees and are exclusive of GST)
Premium Table for Optional Hospital Daily Cash Cover on Individual basis for tenure of 6 1/2 months
Sum Insured (Rs.) | Age Criteria | 50,000 | 1,00,000 | 1,50,000 | 2,00,000 | 2,50,000 | 3,00,000 | 3,50,000 | 4,00,000 | 4,50,000 | 5,00,000 |
Standard Cover | 0-35 years | 745 | 885 | 925 | 975 | 1,025 | 1,080 | 1,135 | 1,195 | 1,255 | 1,320 |
36-45 years | 1,495 | 1,850 | 1,945 | 1,945 | 2,155 | 2,265 | 2,385 | 2,505 | 2,635 | 2,770 | |
46-55 years | 2,245 | 3,175 | 3,340 | 3,515 | 3,695 | 3,890 | 4,090 | 4,305 | 4,525 | 4,760 | |
56 and above | 2,490 | 3,755 | 3,950 | 4,155 | 4,370 | 4,600 | 4,835 | 5,090 | 5,350 | 5,630 |
(Source: Bajaj Allianz General Insurance. The premiums are in Indian Rupees and are exclusive of GST)
Premium Table for Optional Hospital Daily Cash Cover on Individual basis for tenure of 9 1/2 months
Sum Insured (Rs.) | Age Criteria | 50,000 | 1,00,000 | 1,50,000 | 2,00,000 | 2,50,000 | 3,00,000 | 3,50,000 | 4,00,000 | 4,50,000 | 5,00,000 |
Standard Cover | 0-35 years | 3 | 21 | 33 | 45 | 57 | 66 | 78 | 90 | 99 | 111 |
36-45 years | 6 | 45 | 66 | 90 | 111 | 135 | 156 | 177 | 201 | 222 | |
46-55 years | 9 | 66 | 99 | 135 | 168 | 201 | 234 | 267 | 300 | 333 | |
56 and above | 9 | 75 | 111 | 147 | 186 | 222 | 258 | 297 | 333 | 372 |
(Source: Bajaj Allianz General Insurance. The premiums are in Indian Rupees and are exclusive of GST)
Claim Settlement Process of Bajaj Allianz COVID medical insurance is as follows:
For Hospital treatment following documents are required:
In case the medical authorities advice treatment at home, submit the following documents to initiate the claim process:
Ans: You can buy this policy from the insurer’s website or from Policybazaar.com, check the policy premium and coverage benefits on the website before making the purchase. The process is given below:
Ans: The insurer shall not be liable to recompense any expenses related to COVID within 15 days of the policy purchase date.
Ans: Yes, this is a family floater policy, you can get your legally wedded and wife and dependent children covered under this coronavirus health insurance policy. Your parents are also eligible to get coverage under this health insurance policy.
Ans: The insurer may cancel the policy by giving a 7 days’ notice in case of any mis-representation, non-disclosure of material facts, or fraud by the policy holder. The premium will not be refunded on cancellation resulting due to any of the above-mentioned reasons.
Ans: The maximum coverage amount under this medical policy is Rs 5 Lakh.
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