Punjab and Sind Bank Health Insurance

Punjab and Sind Bank Health Insurance offers mediclaim coverage to people with a Punjab and Sind Bank account in association with various insurance companies. The plans come with a wide range of benefits and can be tailored to meet the healthcare needs of varied customers. However, this health policy remains active as long as the partnership between the bank and the insurer is in effect and the customer holds an active Punjab and Sind Bank account.

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      Punjab and Sind Bank Health Insurance: Key Highlights

      Categories Specifications
      Pre-existing Diseases Covered from day 1
      Validity of Punjab and Sind Bank Health Insurance Plans 1. Until the bank is in collaboration with the insurance provider
      2. Until the customer has an active Punjab and Sind Bank account
      Riders Mostly not available
      Premium Payment Automatically debited from the linked Punjab and Sind Bank account
      Tax Benefits Available under Section 80D of the Income Tax Act, 1961

      Disclaimer: The waiting period for PED may change based on the terms and conditions of the Punjab and Sind Bank health insurance policy.

      Benefits of Punjab and Sind Bank Health Insurance

      Check out the top benefits of Punjab and Sind Bank health insurance for account holders:

      1. Budget-friendly Premiums

        Punjab and Sind Bank health plans come at lower premiums compared to standard mediclaim policies. This affordability is due to the bank's partnership with insurance providers. In fact, the bank may sometimes offer exclusive discounts that make these plans more cost-effective.

      2. Immediate Coverage for Pre-Existing Diseases

        Unlike traditional health insurance plans that generally have a pre-existing disease waiting period, the Punjab and Sind Bank mediclaim policy may provide coverage for pre-existing diseases, including hypertension, asthma, and high cholesterol, from day 1.

      3. No Agents Involved

        The Punjab and Sind Bank health insurance scheme can be purchased directly through the bank, eliminating the need for any agents. This streamlines the policy buying process and ensures greater transparency.

      4. Automatic Premium Payment

        Premiums of Punjab and Sind Bank health plans are auto-debited from the customer's bank account. This helps to avoid any missed premium payments and reduce the risk of a policy lapse.

      5. Convenient Process

        Purchasing a mediclaim policy through Punjab and Sind Bank is simple and efficient, as the bank manages both banking and insurance services. This integration ensures convenience for account holders.

      6. Coverage for Everyone

        Punjab and Sind Bank offer a variety of medical insurance plans that cater to different age segments, including families, women and senior citizens. In fact, each plan is designed to provide extensive coverage across different demographics.

      List of Plans Offered by Punjab and Sind Bank Health Insurance

      Here are the various medical insurance plans offered by the Punjab and Sind Bank:

      Punjab and Sind Bank Health Insurance Plans Sum Insured Ideal For
      Aditya Birla Activ Health Platinum Enhanced Plan ₹2 lakh to ₹2 crore Individuals/Families
      Aditya Birla Activ Fit Plan ₹5 lakh to ₹1 crore Young Adults
      Aditya Birla Activ Secure Critical Illness Plan ₹1 lakh to ₹1 crore Critical Illnesses
      Bajaj Allianz Health Infinity Plan No sum insured limit Individuals
      Bajaj Allianz Women Critical Illness Plan ₹50,000 to ₹2 lakh Women with Critical Illnesses
      Bajaj Allianz Extra Care Plus Plan ₹3 lakh to ₹50 lakh Super Top-up
      Bajaj Allianz Critical Illness Policy ₹1 lakh to ₹50 lakh Critical Illnesses
      Bajaj Allianz Health Guard Plan ₹1.5 lakh to ₹50 lakh Individuals/Families
      Bajaj Allianz Silver Health Plan ₹50,000 to ₹5 lakh Senior Citizens
      Bajaj Allianz Star Package Health Insurance ₹1.5 lakh to ₹50 lakh Individuals/Families
      New India Assurance Asha Kiran Policy ₹2 lakh to ₹8 lakh Parents With Only Girl Child
      New India Assurance Floater Mediclaim Plan ₹2 lakh to ₹8 lakh Families
      New India Assurance Top-up Mediclaim Policy ₹5 lakh to ₹22 lakh Top-up
      New India Assurance Arogya Sanjeevni Policy ₹1 lakh to ₹5 lakh Low Premiums
      New India Assurance Cancer Guard Policy ₹5 lakh to ₹50 lakh Cancer Patients
      Oriental Happy Family Floater Policy ₹1 lakh to ₹20 lakh Families
      Oriental Mediclaim Insurance Policy (Individual) ₹1 lakh to ₹10 lakh Individuals
      Oriental Super Health Top-up Policy ₹3 lakh to ₹30 lakh Top-up
      See more plans

      Note: The above Punjab and Sind Bank health insurance plans are as of May 27, 2025.

      What is Covered by Punjab and Sind Bank Health Insurance?

      The Punjab and Sind Bank health insurance provides coverage for the following:

      Note: The exact coverage may differ from one Punjab and Sind Bank insurance plan to another.

      What is Not Covered by Punjab and Sind Bank Health Insurance?

      The following expenses are not covered by Punjab and Sind Bank health insurance policy:

      • Self-inflicted injuries
      • Treatment for alcohol or drug addiction
      • Obesity or weight control treatments
      • Treatment for injuries due to involvement in adventure sports
      • Plastic or cosmetic surgery
      • Dietary substances or supplements
      • Treatment for injuries due to participation in illegal activities
      • Unproven treatments

      Things to Keep in Mind While Buying a Punjab and Sind Bank Health Insurance Plan

      • Take a look at a few things that account holders should keep in mind while buying Punjab and Sind Bank health insurance:
      • Plan Validity – Punjab and Sind Bank health insurance plans remain active only while the partnership between the bank and the insurer is in effect and the customer maintains an active Punjab and Sind Bank account.
      • Scope of Coverage – In comparison to regular medical plans, coverage offered under the Punjab and Sind Bank health insurance scheme may be limited in scope.
      • Rider Availability – Punjab and Sind Bank health insurance may not have the option to include health insurance riders in comparison to regular mediclaim plans.
      • Limited Insurer Options – Punjab and Sind Bank partners with only a few health insurance companies in India, which may restrict the range of insurance companies available for the selection for account holders.

      Punjab and Sind Bank Health Insurance: FAQs

      • Q1. Can I buy Punjab and Sind Bank health insurance online?

        Ans: Yes, you can easily buy Punjab and Sind Bank health insurance online. However, the policy remains valid as long as the bank is associated with the insurance company and you have an active Punjab and Sind Bank account.
      • Q2. What is the Punjab and Sind Bank health insurance price?

        Ans: You can know the Punjab and Sind Bank health insurance price by going through the premium chart of the opted plan or getting in touch with the customer support team. You can even use the health insurance premium calculator tool available on Policybazaar.com to calculate the approximate price of the plan you wish to buy from Punjab and Sind Bank.
      • Q3. What is the Punjab and Sind Bank health insurance policy download process?

        Ans: To download the Punjab and Sind Bank health insurance policy, you can either visit the website of the insurer associated with the bank or speak to their customer support team.
      • Q4. Is Punjab and Sind Bank health insurance claim cashless?

        Ans: Yes, Punjab and Sind Bank health insurance offers cashless claim process, allowing customers to avail of cashless treatment at the hospital of their choice.
      • Q5. What is Punjab and Sind Bank health insurance contact number?

        Ans: The Punjab and Sind Bank health insurance contact number is 1800-419-8300.
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      Disclaimer: The list mentioned is according to the alphabetical order of the insurance companies. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in

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      *We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30- minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881.

      *Product information is authentic and solely based on the information received from the Insurer. Policybazaar is acting only as a facilitator and claims settlement shall be at the sole discretion of the Insurer. Policybazaar does not provide any medical or surgical advice or diagnosis and is not responsible for your interactions / treatment by a medical practitioner/hospital. Please consult a registered medical practitioner for any medical or surgical advice. The Information that you obtain or receive from Policybazaar, and its employees, or otherwise on the Website is for informational purposes only. As per the Insurance guidelines, you are allowed to cancel the policy with-in 30 days from the date of Issuance of policy.This option is available incase of policies with a term of one year or more.

      *All the health insurance plans cover hospitalization expenses including COVID-19 treatment cover up to the specified limits. You can also buy specific COVID-19 health insurance policies such as Corona Kavach Policy and Corona Rakshak policy.

      **All savings and online discounts are provided by insurers as per IRDAI approved insurance plans. #Tax Benefits are subject to changes in tax laws. GST Exemptions depend on fulfilment of qualification criteria and submission of relevant documents.

      *₹1748/month is the starting price for a 1 crore health insurance for an 18-year-old male, with no pre-existing diseases. Discount on renewal premium is subject to the number of wellness points earned in the health insurance policy. For more details about the plans, please read the sale brochure carefully to get upto 100% discount on renewal premium.

      *₹400/month is the starting price for ₹ 5 lakh Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹541/month is the starting price for ₹ 10 lakh Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹762/month is the starting price for ₹ 1 Crore Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹243/month(₹ 8/day) is the starting price for a 5 lakh health insurance for a 20-year-old male, non-smoker, living in Bengaluru with no pre-existing diseases

      *₹2020/month is the starting price for ₹ 1 Cr Health insurance for a 50 year old male & 50 years old female, living in Bangalore with no pre-existing diseases rounded off to nearest 10.

      *₹390/month (₹13 per day) is starting price for 1 cr. Health insurance for 25 years old male, with pre-existing diseases, residing from tier 1 city rounded off to the nearest 10.

      *No medical tests are required unless requested by the insurer’s underwriter. In-case of pre-existing diseases relevant medical proof would be required as per the terms and condition of the policy opted.

      *The values taken for effective cost calculation are indicative values and may change as per the selected plan.

      *Coverage upto double the amount of Sum Insured is available on certain covers for a minimum plan of Rs. 5 Lakh on the first claim only to an individual of upto 45 years of age with no pre-existing diseases. The benefit is available with or without extra cost depending on the plan chosen.

      *Coverage of pre-existing diseases is provided by insurer as per their underwriting policy.

      *The scope of coverage may vary from plan to plan.

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      Tax Benefits are subject to changes in tax laws. GST Exemption depends on fulfilment of qualification criteria and submission of relevant documents as required by the insurers. For more details on risk factors, terms and conditions, please read the sales brochure and applicable rules and regulation carefully before concluding a sale.

      STANDARD TERMS AND CONDITIONS APPLY. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.

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