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Group Mediclaim Policy For Employees

Group mediclaim insurance policy for employees

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Introduction

Bajaj Allianz General Insurance provides a wide range of health insurance solutions matching the footprint and the needs of our clients: 1. Group Mediclaim Policy 2. Group Personal Accident Policy

Solutions provided by Bajaj Allianz General Insurance are much more than product and include the combination of services, single point of contact and with the highest degree of customer satisfaction.

Benefits of Group Mediclaim

Group mediclaim policy for employees is essential as it offers health insurance coverage against any health crisis. It becomes important for the employees to know the benefits of the group mediclaim policy. Here’s a rundown of some of the key advantages of the group mediclaim policy for employees:
Adequate Cover at Cost-Effective Premium

Adequate Cover at Cost-Effective Premium

We are living in a time when medical expenses are rising. Having a health insurance plan for employees offers Read more

Adequate Cover at Cost-Effective Premium:

We are living in a time when medical expenses are rising. Having a health insurance plan for employees offers benefits at cost-effective premiums when compared to any individual health insurance plan. 

Health Insurance Cover for Family

Health Insurance Cover for Family

A group health insurance plan generally offers cover to the insured’s family members. Now, the employee may also Read more

Health Insurance Cover for Family:

A group health insurance plan generally offers cover to the insured’s family members. Now, the employee may also consider including their dependents in the circle of protection. If the family members are not included in the same plan, a separate family floater health insurance plan needs to be bought.

Boosting Employees

Boosting Employees

If the company provides benefits like health insurance coverage to its employees Read more

Boosting Employees:

If the company provides benefits like health insurance coverage to its employees and their families, then the probability of employees staying in the organization somewhat increases. The employees feel motivated and the productivity too gets enticed.

Hassle-free Claim Process

Hassle-free Claim Process

Instead of following up around with another health insurer, the group mediclaim policy Read more

Hassle-free Claim Process:

Instead of following up around with another health insurer, the group mediclaim policy is convenient. The plan is directly under the purview of the employee. The employer ensures that the claim is approved provided the relevant documents and bills are right and in place. 

Tax Benefits

Tax Benefits

If you are not aware both the employer and employee remain the beneficiaries in the group Read more

Tax Benefits:

If you are not aware both the employer and employee remain the beneficiaries in the group mediclaim policy. Hence, the employer too avails tax benefits for offering a group mediclaim policy for employees. 

Note: The tax benefits are subject to change as per existing laws.

Group Mediclaim Policy

    In these times of rising medical costs, the Bajaj Allianz General Insurances Group Mediclaim Policy is the perfect health protection for the employees and their family. It takes care of the expensive medical treatment incurred during hospitalization resulting from an accident or illness.

    Scope of Cover

    The Insurer shall pay to the Insured Person

    • The amount of expenses which are reasonably and necessarily incurred towards Hospitalization
    • Upon the advice of a Medical Practitioner
    • Due to contracting of any disease or suffering from any one Illness or sustaining of any bodily injury through accident, during the policy period
    • Amount paid will not exceed the Sum Insured

What is paid for

    • Hospitalization Expenses (in patient hospitalization exceeding 24 hours)
    • Nursing Charges
    • Surgeon's fees, Anesthetist fees, Consultant's fees, General Doctor's fees
    • Operation Theatre Charges
    • Anesthesia, Blood, Oxygen, Surgical Appliances, Medicines and Drugs, Diagnostic materials, X-ray
    • Dialysis, Chemotherapy, Radiotherapy
    • Cost of pacemaker, Artificial Limbs, Cost of Organs and similar expenses
    • Expenses for 130 day care procedures
    • Pre Hospitalization Expenses
    • Post Hospitalization Expenses

Extensions

    • Pre-existing diseases
    • Maternity coverage

    Type of policies

    • Individual Cover
    • Floater Cover

Bajaj Allianz Advantage

    • In-house Health Administration Team (HAT) fully equipped with doctors, paramedical staff and claims executives to facilitate processing of claims. We are the only insurance company to undertake this initiative
    • 24x7 call centre which works along with HAT
    • HAT has tied up with over 3600 hospitals all across India through which cashless hospitalization service is available
    • Reimbursement of claims (for treatment at non-network hospitals) within 14 working days
    • Health check-up and diagnostic tests at more than 1000 diagnostic centres across 500 cities

Group Personal Accident Policy

    The Group Personal Accident Policy offers compensation for loss occurring as a consequence of an accidental death or disability.

     

    Coverages

    Death

    The Company will pay the Sum Assured in the event of Accidental Bodily Injury causing the member's death as a consequence of the same.

    Permanent Total Disability (PTD)

    In the event of Accidental Bodily Injury causing the member's Permanent Total Disability within 12 months of the Accidental Bodily Injury being sustained, the Company will pay 125% of the Sum Assured.

    Permanent Partial Disability (PPD)

    In the event of Accidental Bodily Injury causing the member's Permanent Partial Disability as mentioned in the PPD Table within 12 months of the Accidental Bodily Injury being sustained, the Company will pay the percentage of the Sum Assured specified for each and every form of impairment.

    Temporary Total Disability

    In the event of a temporary total disability arising as a consequence of an accident, the member would get a Loss of Pay compensation of 1% of the Sum Insured subject to a maximum of INR 5000 per week for a maximum of 100 weeks.

    Children's Education Bonus

    In case of Death or Permanent Total Disablement of the member, the insurance company will pay INR 5,000 for one child or INR 10,000 for 2 children, below the age of 18.

Download Commercial Insurance Documents

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Disclaimer

I hereby authorize Bajaj Allianz General Insurance Co. Ltd. to call me on the contact number made available by me on the website with a specific request to call back at a convenient time. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) under either Fully or Partially Blocked category, any call made or SMS sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business. Furthermore, I understand that these calls will be recorded & monitored for quality & training purposes, and may be made available to me if required.

Disclaimer

I hereby authorize Bajaj Allianz General Insurance Co. Ltd. to call me on the contact number made available by me on the website with a specific request to call back at a convenient time. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) under either Fully or Partially Blocked category, any call made or SMS sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business. Furthermore, I understand that these calls will be recorded & monitored for quality & training purposes, and may be made available to me if required.

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