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General Insurance
Seamless Renewals, Uninterrupted Health Coverage
Coverage Highlights
Get comprehensive coverage for your healthSeamless Renewal Process
Easy online renewal without paperwork.
Continued Coverage
No break in coverage for pre-existing conditions.
Customisable Plans
Option to enhance coverage or add riders.
No-Claim Bonus Benefits
Discounts on premiums for claim-free years.
Hassle-Free Digital Access
Manage policies and claims online.
Inclusions
What’s covered?Hospitalisation due to illness or accidents
Coverage for prescribed diagnostic tests
Doctor consultation fees and treatment costs
Option for maternity and wellness benefits
Organ donor expenses
Exclusions
What’s not covered?Pre-existing conditions if the waiting period is not met
Cosmetic treatments and non-medical expenses
Alternative therapies unless specifically covered
Self-inflicted injuries and substance abuse-related treatments
Experimental or unapproved treatments
Additional Covers
What else can you get?24/7 Health Helpline for medical queries
Digital Claim Submission for faster processing
Online Policy Management and Renewal
Preventive Health Check-up Benefits
Cashless Hospitalisation at Network Hospitals
Coverage Highlights
Know moreInpatient Hospitalisation Expenses
Pre - and Post-Hospitalisation Costs
Daycare Procedures Coverage
Critical Illness Rider Option
Emergency Ambulance Cover
With medical inflation in India at an all-time high, opting for a health insurance plan is essential to avoid burning a hole in your pocket. An INR 5 lakh health insurance plan ensures that most of your expenses related to hospitalisation, treatment, surgery, and recovery are covered. By choosing a health insurance plan with a sum insured of INR 5 lakhs, you can rest assured that your financial burden in times of medical emergencies will be significantly reduced. At Bajaj Allianz General Insurance Company, we offer comprehensive health insurance plans tailored to meet your needs and provide extensive coverage.
Our INR 5 Lakh Health Insurance Plan is crafted to offer a balance between affordability and extensive coverage. It provides you with peace of mind knowing that up to INR 5 lakh of medical expenses will be covered, making it a viable option for individuals seeking substantial health protection. This plan is ideal for those who want a safety net that helps manage healthcare costs effectively. With the Bajaj Allianz General Insurance Company’s INR 5 Lakh Health Insurance Plan, you can secure your health and well-being without worrying about the hefty costs of medical care.
Our INR 5 Lakh Health Insurance Plan is designed to provide you with the financial support needed during unexpected medical situations. Whether it's an emergency hospitalisation, a planned surgery, or routine treatments, this plan ensures that your medical needs are taken care of without putting a strain on your finances.
An INR 5 lakh Mediclaim policy is a type of health insurance plan that covers up to INR 5 lakh in medical expenses. This includes hospitalisation costs, treatment charges, and other related expenses incurred due to illness or injury. The policy is designed to ease the financial burden of medical treatments, providing coverage for both planned and emergency healthcare needs. By opting for this policy, you ensure that a significant portion of your medical expenses are covered, helping you avoid out-of-pocket expenses during critical times.
The INR 5 lakh Mediclaim policy is structured to offer comprehensive protection against a wide range of medical expenses. It covers inpatient and outpatient treatments, surgeries, and other medical procedures. This policy is particularly beneficial for individuals who want to ensure that they are well-protected against unforeseen medical costs.
Moreover, the INR 5 lakh Mediclaim policy is designed to cater to various healthcare needs. It provides coverage for hospitalisation due to accidents, illnesses, and even critical health conditions. The policy also includes pre and post-hospitalisation expenses, ensuring that you are covered for all stages of your medical treatment.
An INR 5 lakh medical insurance policy offers numerous advantages, making it a valuable investment for your health and financial security:
One of the key benefits of an INR 5 lakh medical insurance policy is the flexibility in tenure. You can select a policy duration that aligns with your needs, whether it's one year or several years. This flexibility ensures that you maintain continuous health coverage without the need for frequent renewals.
Another significant advantage is the provision of free health check-ups. Regular health check-ups are crucial for early detection and prevention of potential health issues, helping you stay on top of your health and make informed decisions about your well-being.
Premiums paid towards the INR 5 lakh health insurance policy are eligible for tax deductions under Section 80D of the Income Tax Act. This means that you can reduce your taxable income by the amount of INR 5 lakh health insurance premium paid, providing financial relief and encouraging you to invest in your health.
The INR 5 lakh health insurance cover offers the option to add extra covers, such as critical illness coverage or maternity benefits, depending on your requirements. These additional covers enhance the policy's scope, providing protection against specific health risks and expenses.
With our INR 5 lakh health insurance policy, you receive various additional benefits, including cashless hospitalisation at network hospitals, emergency ambulance services, and more. These benefits ensure a hassle-free experience and greater convenience when dealing with medical emergencies.
An INR 5 lakh health coverage is suitable for individuals and families looking for substantial financial protection against medical expenses. It is ideal for those who want to protect themselves against the high cost of healthcare while ensuring they have enough coverage for both planned and unexpected medical needs. This plan is particularly beneficial for individuals with moderate to high health risks or those seeking comprehensive coverage for peace of mind.
In today's day and age, critical illnesses are more common among people of all ages. This includes cancer, cardiovascular illnesses, diabetes, tumours, and so on. This, coupled with steep medical inflation, has rendered the common man powerless. In such a situation, to avoid paying a steep price from your own pocket when there is a medical emergency, an INR 5 lakh Mediclaim policy will help you avoid burning through your hard-earned savings.
Get instant access to policy details with a single click
To be eligible for an INR 5 lakh medical insurance policy, you typically need to be an Indian resident aged between 18 and 65 years. The policy can be extended to include family members, such as a spouse, children, and parents. Required documents generally include proof of identity, age, address, and medical history. It's essential to provide accurate information to ensure seamless processing of your insurance application.
In addition to meeting the prescribed eligibility criteria, when opting for health insurance of INR 5 lakhs, you must furnish the following documents:
● Age Proof
● Address Proof
● Identity Proof
● Requisite Medical Reports
● Passport-size photographs
Calculating the costs of an INR 5 lakh health insurance plan involves considering various factors:
● Age:
INR 5 lakh health insurance premium may vary based on the age of the insured individual. Older individuals may have higher premiums due to increased health risks.
● Health Conditions:
Existing health conditions can affect the premium amount. Pre-existing conditions may lead to higher premiums or specific exclusions.
● Policy Tenure:
The duration of the policy impacts the total INR 5 lakh medical insurance premium. Longer tenures may offer lower annual premiums compared to shorter ones.
● Additional Covers:
Adding extra coverage options or riders can increase the premium amount.
● Family Size:
Policies covering multiple family members may have different premium structures compared to individual plans.
● Lifestyle Habits:
Your lifestyle habits, such as smoking and alcohol consumption, can influence the premium amount. Healthier lifestyles generally result in lower premiums.
● Area of Residence:
Your geographical location can impact the premium, with urban areas often having higher premiums due to higher healthcare costs.
● Insurance Plans:
Different plans offer varying premium rates for coverage. It is advisable to compare premiums of the plans to choose the best one.
These factors collectively influence the INR 5 lakh health insurance premium you will pay for your INR 5 lakh health insurance plan. It is essential to evaluate these aspects carefully to choose a plan that offers the best value for your money.
Opting for an INR 5 lakh health insurance plan in India offers several compelling reasons:
Healthcare costs in India have been steadily increasing, making it essential to have adequate insurance coverage. An INR 5 lakh health insurance plan helps mitigate the impact of rising medical expenses and ensures that you have the financial support needed during health crises.
An INR 5 lakh health insurance plan provides comprehensive coverage for a wide range of medical expenses, including hospitalisation, surgeries, maternity expenses and treatments. This broad coverage ensures that you are protected against various health risks and can access quality medical care when needed.
Having an INR 5 lakh health insurance policy offers financial security by covering significant medical expenses. This protection ensures that you are not burdened with high healthcare costs and can focus on your recovery without financial stress.
Many health insurance plans, including those with an INR 5 lakh coverage, offer protection for pre-existing conditions after a specified waiting period. This feature ensures that you are covered for ongoing health issues, providing peace of mind and comprehensive care.
Step-by-Step Guide
How to Buy
0
Visit Bajaj Allianz website
1
Enter personal details
2
Compare health insurance plans
3
Select suitable coverage
4
Check discounts & offers
5
Add optional benefits
6
Proceed to secure payment
7
Receive instant policy confirmation
How to Renew
0
Login to the app
1
Enter your current policy details
2
Review and update coverage if required
3
Check for renewal offers
4
Add or remove riders
5
Confirm details and proceed
6
Complete renewal payment online
7
Receive instant confirmation for your policy renewal
How to Claim
0
Notify Bajaj Allianz about the claim using app
1
Submit all the required documents
2
Choose cashless or reimbursement mode for your claim
3
Avail treatment and share required bills
4
Receive claim settlement after approval
How to Port
0
Check eligibility for porting
1
Compare new policy benefits
2
Apply before your current policy expires
3
Provide details of your existing policy
4
Undergo risk assessment by Bajaj Allianz
5
Receive approval from Bajaj Allianz
6
Pay the premium for your new policy
7
Receive policy documents & coverage details
Choosing an INR 5 lakh health insurance plan from Bajaj Allianz General Insurance Company is a prudent decision for ensuring your financial and health security. With comprehensive coverage, flexible options, and additional benefits, our plan provides the support you need in times of medical emergencies. Invest in your health today and enjoy the peace of mind that comes with knowing you are well protected against rising healthcare costs.
An INR 5 lakh health insurance plan offers substantial coverage for medical expenses, making it a smart investment for individuals and families alike. With rising healthcare costs, having such a plan ensures that you are financially prepared for any medical emergencies. Bajaj Allianz General Insurance Company provides a comprehensive and reliable health insurance plan that caters to various healthcare needs. Secure your future and protect your finances with our 5 lakh health insurance plan today.
Excellent Service
Bajaj Allianz provides excellent service with user-friendly platform that is simple to understand. Thanks to the team for serving customers with dedication and ensuring a seamless experience.
Amagond Vittappa Arakeri
Mumbai
27th Jul 2020
Swift Claim Settlement
I am extremely happy and satisfied with my claim settlement, which was approved within just two days—even in these challenging times of COVID-19.
Ashish Jhunjhunwala
Vadodara
27th Jul 2020
Quick Service
The speed at which my insurance copy was delivered during the lockdown was truly commendable. Hats off to the Bajaj Allianz team for their efficiency and commitment!
Sunita M Ahooja
Delhi
3rd Apr 2020
Outstanding Support
Excellent services during COVID-19 for your mediclaim cashless customers. You guys are COVID warriors, helping patients settle claims digitally during these challenging times.
Arun Sekhsaria
Mumbai
27th Jul 2020
Seamless Renewal Experience
I am truly delighted by the cooperation you have extended in facilitating the renewal of my Health Care Supreme Policy. Thank you very much!
Vikram Anil Kumar
Delhi
27th Jul 2020
Quick Claim Settlement
Good claim settlement service even during the lockdown. That’s why I sell Bajaj Allianz Health Policy to as many customers as possible.
Prithbi Singh Miyan
Mumbai
27th Jul 2020
An INR 5 lakh health insurance plan provides substantial coverage for medical expenses, but the adequacy depends on individual health needs and healthcare costs. It’s essential to assess your requirements before selecting a plan.
An INR 5 lakh medical scheme is a health insurance plan that covers up to INR 5 lakh in medical expenses, including hospitalisation, treatments, and surgeries.
INR 5 lakh medical insurance premiums are eligible for tax deductions under Section 80D of the Income Tax Act, offering tax benefits to policyholders.
The top health insurance plan in India can vary based on individual needs and preferences. Bajaj Allianz General Insurance Company is highly regarded for its comprehensive coverage and reliable service.
Medical insurance provides financial protection against unexpected medical expenses, ensuring access to quality healthcare without depleting your savings
You can add your spouse, children, parents, and other dependents as per the policy terms, ensuring comprehensive family coverage.
Online comparison helps you find the best plan that suits your needs and budget, offering a clear understanding of coverage and benefits.
Delaying premiums can result in policy lapse, losing coverage benefits and financial protection, and may lead to difficulties in renewing the policy.
Request a physical copy from the insurer or take a printout of the digital policy document received via email.
Claims should be made within the stipulated time as per the policy terms to avoid rejection and ensure timely processing.
Network hospitals are those with tie-ups with the insurer, offering cashless treatment facilities, simplifying the claim process for the insured.
Visit the website or app, select the desired plan, fill in personal details, compare options, and make the payment to receive the policy document via email.
Health insurance offers broader coverage, including pre and post-hospitalisation expenses, while mediclaim policy primarily covers hospitalisation costs, making health insurance more comprehensive.
A Rs. 1 crore health insurance plan provides extensive coverage for high medical expenses, offering comprehensive financial protection against significant healthcare costs.
The best health plan offers comprehensive coverage, cashless treatment at network hospitals, a high claim settlement ratio, and excellent customer support.
The four common health insurance plans are individual, family floater, critical illness, and senior citizen health insurance, each catering to specific needs and demographics.
The best health insurance provider in India is Bajaj Allianz General Insurance Company. We offer comprehensive plans, a wide network of hospitals, a high claim settlement ratio, and responsive customer service.
Delaying premiums can result in policy lapse, losing coverage benefits and financial protection, and may lead to difficulties in renewing the policy
Claims should be made within the stipulated time as per the policy terms to avoid rejection and ensure timely processing