General Insurance

general insurance

Bajaj Allianz General Insurance-Mediclaim Policy

Bajaj Alliaz General Insurance is a one of best mediclaim providers in the market. It offers array range of mediclaim policies to the customers. Health Guard, Hospital Cash, Critical Illness, Personal Guard, Silver Health, E-Opinion, Star Package, Health Ensure, Insta Insure, Sankat Mochan, Family Floater HG, Tax Gain and Extra Gain are the policies offered by the Bajaj Allianz. Each policy is a best in it’s class. These policies are available for individual and for family. There are various sum insured ranges available depending on the policy chosen by the customer.

Silver Health policy is a specially designed for the senior citizens and can be taken between the age of 46 years and 70 years. There is a critical illness insurance policy which provides cover against life threatening illnesses.

These policies takes care of the insured against medical expenses resulting from any sickness or accidental injuries. The medical expenses such as hospitalization, pre hospitalization, post hospitalization, domiciliary hospitalization, day care procedures, organ donors expenses, ambulance charges, etc. There is no sub limits on room rent and other medical expenses. Health check ups can be covered ,subject to a condition.

Bajaj Allianz mediclaim policies are available on cashless basis at over more than 2400 network hospitals across the country. If the treatment is taken in non network hospitals, 10% co-payment is applicable. Waiver of co-payment is available on payment of additional premium. Some policies doesn’t required pre-medical examination up to the age of 45 years. Tax benefit is available on premium paid under section 80D of the Income Tax Act,1961.

Bajaj Alliaz also offers cumulative bonus on sum insured for every claim free year. A family discount is applicable for covering spouse, parents and children’s. The key features is that it’s In-house claim administration makes hassle free claim settlement. So no more worries for the customers.

 

About the Author

Habibulla Antule is a financial advisor and consultant and have provided his expertise to many financial institutions for loans and insurance

Which is Good Property/Flat general insurance company in India?

I own a flat and want to buy insurance for it against calamities like earthquake,fire, etc. Which is the best general insurance company in India for the same?

Select the basic cover with Earthquake + Terrorism. You can get 50% discount in Premium (excluding Add on premium for Earthquake and Terrorism) if you plan to take a policy for 10 years or more. So fix the tenure first. Then contact any PSU. You can compare the premium quoted by The Oriental Insurance Co. Ltd., New India Assurance, National Insurance and United India and take a decision.