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

Life-threatening illnesses including kidney failure, cancer, and heart attacks are already becoming more prevalent, increasing the health risks for everyone. In certain situations, receiving financial assistance could prove to be life-saving. With its critical illness health insurance plan, Bajaj Allianz health insurance offers assurance to hundreds of Indian households that are going through a difficult time while having one or more of their loved ones diagnosed with an acute illness. Critical illness policies have been developed to address this pressing need among such individuals..

You are protected by health insurance by Bajaj Allianz's critical illness against 10 critical illnesses listed in the policy document. A lump sum payment will be provided if the insured person is found to have one of the critical illnesses stated in the policy provisions.

The Critical Illness Plan of Bajaj Allianz

A critical illness is a condition that poses a serious risk to one's life, for which the insurer offers the proposer a lump sum payment to cover the cost of the necessary medical care. In India and overseas, the cost of treating a critical illness is significantly higher than that of treating other diseases. Bajaj Allianz's critical illness insurance plan has some interesting features to look at.

• For applicants between the ages of 6 and 60 years, a variety of sum insured options ranging from INR 1-50 lakh is available.
• The sum insured limit is between INR 1 lakh and INR 5 lakh for applicants below the age of 61 years.
• You can use the quick and simple in-house claim settlement service.
• Ten major serious illnesses will be compensated.
• This plan is available for purchase by anyone between the ages of 91 days and 80.
• Lifelong renewability
• There must be a 30-day survival period.
• A lump sum payment of the insured amount is provided to the proposer.
• Within India and overseas, hospitalisation costs associated with organ transplant operations and organ donor costs would be paid ( based on the amount of sum assured)

Read more - Bajaj Allianz General Insurance Company's Top-up Health Plan

What Benefits Can You Get from a Bajaj Critical Illness Insurance Plan?

• Due to Bajaj Allianz's impressive claim settlement history, you do not need to worry about claim processing and payment.
• According to official records, the typical time to resolve a claim is merely 60 minutes.
• You can use its more than 6,500 hospitals network to take advantage of the cashless claim settlement service.
• It is simple to purchase and renew the Bajaj critical illness insurance plan online from the company’s website.

Coverage Under Bajaj Allianz Critical Illness Plan 

• Surgery involving major organ transplants
• Kidney failure requiring frequent dialysis sessions
• Persistent stroke symptoms
• Persistent paralysis of a limb
• damage from multiple sclerosis that is permanent
• Open Chest CABG (Coronary Artery Bypass Surgery)
• first heart attack (myocardial infarction)
• Surgery for an aorta graft
• Pulmonary arterial hypertension in children

Exclusions and Waiting Time

• A 90-day waiting period after the policy's start date is applicable for any claims under this policy.
• The terms and conditions under this section would be different if you were porting from policy A to this policy. For further information, please consult the policy's language or get in touch with the insurer.

Permanent Exclusions

• Critical illness-related death within 30 days after diagnosis
• Occupational illnesses
• Birth control operations, AIDS and other related conditions
• Mental illness treatment

What are the Prerequisites for Purchasing a Bajaj Allianz Health Insurance Policy?

• Pre-policy medical examinations are dependent on the applicant's age, the sum insured selected, and any pre-existing conditions disclosed on the proposal form.
• The panel hospitals or diagnostic facilities will conduct the pre-insurance medical examination.
• The validity of the medical test results shall last for 30 days following the date of medical screening.
• The proposal's acceptance and the policy's issue will determine whether or not the pre-policy medical examinations at our accredited diagnostic centres will be fully compensated.

Health CDC - Claim by Direct Click

• Through the smartphone app, you can submit claim requests up to INR 20,000 using the Bajaj Allianz Insurance Wallet. It is among the most practical techniques to assist you in submitting claim demands.
• You only need to upload the required papers on the mobile app to get updates on your claim status.
• You can avoid running from one place to another by using this paperless claim method, saving you time and money.

Read more - Homework to Do Before Choosing the Best Critical Illness Insurance Plan

Conclusion

Bajaj Allianz health insurance policies are renowned for their comprehensive coverage advantages and quick claim resolution. Consider purchasing a Bajaj Allianz critical illness policy for enhanced financial protection against such illnesses.

Read more - The Benefits of Having Critical Illness Insurance for Financial Protection