Bajaj Allianz Personal Guard Policy

Policy Benefits

• Accidental death is covered up to the sum insured opted under the plan.
• Accidental Permanent total disability (PTD) is covered up to the sub limits specified under the plan. This benefit is only applicable for wider and comprehensive plan.
• Accidental Permanent partial disability (PPD) is covered up to the sub limits mentioned. This benefit is only applicable for wider and comprehensive plan.
• Accidental Temporary total disability (TTD) is covered up to the limits specified. This benefit is only applicable for the comprehensive plan.
• In case of claim under AD/PTD, Children’s Education Bonus is provided for maximum of 2 children below 19 years.
• Transportation of mortal remains is covered under this policy.
• In case of claim under AD/PTD/PPD/TTD, Medical expenses are covered up to the limits specified. It is an add-on cover.
• In case of claim under AD/PTD/PPD/TTD, Hospital confinement benefit is provided for a maximum of 30 days. It is an add-on cover.

Value Added Benefits

• Get cumulative bonus as 10% increase in sum insured for each claim-free policy year, up to a maximum of 50% and up to 5 years.
• Get 10% discount on covering 2 or more family members under the plan.
• Sum insured can be enhanced at the policy renewals.
• Enjoy portability condition.
• Lifelong renewability is available under this plan.

Sub Limits

• Permanent total disability is covered up to 125% of the Sum Insured (SI) opted.
• Permanent partial disability is covered in a range of 2% to 75% of SI, depending on the disablement.
• Temporary total disability is covered up to 1% of SI or Rs 5,000 per week, whichever is less.
• Medical expenses are reimbursed up to actual bills, or 40% of the eligible claim amount, whichever is less.
• Hospital confinement allowance of Rs 1000 per day is payable.
• Children’s Education Bonus is payable up to 10% of SI or Rs 5000 for one child and Rs 1000 for 2 children, whichever is less.
• Expenses for transportation of mortal remains is payable up to 2% of SI or Rs 5,000 whichever is lower.

Waiting Period Clause

No waiting period is applicable under this policy.