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Bajaj Allianz Hospital Cash Daily Allowance Plan

What is the Plan all About?

Hospital daily cash plan shields you and your family from all financial odds that you encounter during the  hospitalization phase due to elevated financial problems. This plan offers fixed benefits of Rs 500 to Rs 2500 per day basis the duration opted which range from 30 days and 60 days.

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Key Features

  • Benefits payable for each day of hospitalization
  • Avail 5 % Family Discount
  • Quick disbursement of benefits
  • Income Tax Benefits under IT section 80 D

Policy Benefits

  • Daily hospital cash benefit payable ranging from Rs 500 to Rs 2,500 per day as opted by the insured.
  • Option to opt for a cover of 30 days or 60 days per policy period.
  • The benefits are doubled in case of ICU admission for maximum number of 7 days.

Value Added Benefits

  • Quick dispersal of the claim amount.
  • Family discount of 5 % on premium charge.
  • In-house claim settlement.
  • Tax benefit under section 80D of Income Tax Act,1961.

Sub Limits

The benefit is paid on per day basis as per the opted sum insured.Nothing more than that is payable under the plan.

Waiting Period Clause

  • Initial Waiting Period: Any diseases contracted during first 30 days of the policy start date, except those arising out of accidents.

Who can Buy the Plan?

Factor Minimum Maximum
Age (as on last birthday) 18 Years 75 Years
Sum Insured Rs 500 Rs 2,500
Premium Rs 250 Rs 5,800
Cover Type Individual/Family Floater -
Policy Tenure 1 Year 1 Year
Grace Period 30 Days -
Free Look Period 15 Days -
Riders Nil -

Exclusions

  • Any form of plastic surgery
  • Pre existing disease
  • Intentional self injury
  • Weight management services
  • Congenital external diseases
  • Maternity Benefits
  • Convalescence Benefits, etc.
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