Is Critical Illness Plan by Bajaj Allianz a Good Health Insurance Plan?

What All Cover Ages Are Provided Under A Critical Illness Insurance Plan?

Critical Illness insurance by Bajaj Allianz provides coverage to you against 10 Critical Illnesses, as specified in the policy documents. The payment will be made in a lump sum if the insured is diagnosed with listed critical illnesses as mentioned in the policy documents.

Bajaj Critical Illness Plan

A critical illness is a life-threatening health condition in which the insurance company pays the sum assured in lump sum to the proposer to carry out the medical treatment required for the same. The cost of treatment for a critical illness is much higher than other disease in India and abroad.

The plan details are listed below for your reference –

Unique aspects of Bajaj Allianz Critical Illness Insurance Plan

You can choose from multiple sum insured options starting from Rs 1 lakh to Rs 50 lakh for applicants within the age group of 6 years to 60 years
For applicants within the age group of 61years to years the sum insured limit is Rs 1 Lakh to Rs 5 Lakh
You can avail quick and hassle-free in-house claim settlement facility
Payment will be made for 10 major critical illnesses
Anyone starting from 91 days to 80 years of age can buy this plan
Lifelong renewability is possible
Survival period of 30 days is mandatory
Payment of insured amount is made in a lump sum to the proposer
Organ donor expenses/hospitalization expenses incurred on surgery for organ transplant shall be covered within India & abroad ( this is based on the amount of sum assured)
You can save tax up to Rs. 60,000 for the premium paid annually as per Sec.80/ D of the Income Tax Act
Health CDC benefit in which you can settle claim easily through app

What are the Perks of Having a Bajaj Critical Illness Insurance Plan?

Because of an impressive claim settlement history of Bajaj Allianz, you do not need to fret about claim processing and payment
The fiscal year 2016-17 witnessed more than 4 lakh insurance policies successfully issued by the insurance company
As per the company records, the average claim settlement time is only 60 minutes
There are more than 5700 hospitals in their network, where you can avail cashless claim settlement facility
Bajaj Critical Illness Insurance Plan can be easily purchased and renewed online from our website

Why is critical illness health plan by Bajaj Allianz good?

Cancer of specified severity
Major organ transplantation surgery
Kidney failure in which patient needs regular dialysis sittings
Stroke with permanent symptoms
Persisting limb paralysis
Multiple sclerosis with permanent damage
Open Chest CABG (Coronary Artery Bypass Surgery)
First heart attack (myocardial infarction)
Aorta graft surgery
Primary pulmonary arterial hypertension

What do you need to do before buying Bajaj Allianz Health Insurance Policy?

Pre-policy medical screening is based on the age, the sum insured opted and any pre-existing medical condition declared on the proposal form
The pre-insurance medical screening will be done at the panel hospitals or diagnostic centers
The medical test reports will be validated for 30 days from the date of medical screening
The pre-policy medical check-ups in our empanelled diagnostic centers shall be reimbursed 100%; this depends on the acceptance of proposal and policy issuance

Health CDC - Claim by Direct Click

Using the Bajaj Allianz Insurance Wallet you can raise claim requests up to Rs. 20k through the mobile app. It is one of the most convenient ways to help you make claim requests.
You simply need to upload the necessary documents on the mobile app and you will receive updates regarding your claim status.
This paper less claim process saves you from running pillar to post – thus saving you both time and money.

Bottom-line

Bajaj Allianz health insurance plans have been known for their comprehensive coverage benefits and smooth claim settlement. If you are looking to buy a critical illness health cover for yourself and your loved ones then you can consider getting Bajaj Allianz Critical Illness Policy.