Bajaj Allianz Personal Guard-Basic Plan (Personal Accident Cover)
Will be updated soon.
Eligibility
| Entry Age (years) | |
| Minimum | 18; 5 for Children |
| Maximum | 65 |
| Maximum Policy Renewal Age (years) | 65 |
| Coverage Type | Individual |
| Sum Insured (Rs) | |
| Maximum | 100 times of monthly income subject to maximum of Rs 25 lakh |
| Policy Term (years) | 1 |
| Tax Benefit | Not Available |
| Discount | Family discount of 10% is applicable |
| No Claim Bonus | 5% increase in Sum Insured for every claim free year to a maximum of 50% of initial Sum Insured. If a cumulative bonus has been applied and a claim is made, then in the subsequent Policy Year the cumulative bonus will automatically be reduced by 10% |
| Grace Period for Policy Renewal | 30 days |
| Policy Termination | Insurance company may terminate the policy by giving a written notice of 7 days. Policyholder is also allowed to terminate the policy by giving a 7 days written notice. In case no claim has been made under the policy, percentage of premium will be refunded |
| Customer Service | |
| Address | Bajaj Allianz General Insurance Company Limited. GE Plaza, Airport Road, Yerawad, Pune - 411006 |
| Mail to | [email protected] |
| Call to | 1800 225858(BSNL/ MTNL); 1800 1025858 (Bharti users- mobile/ landline) or 020 30305858 |
Additions to the Plan
| Scope of Cover | |
| Cashless Facility | Not Available |
| Accidental Death | Covered; pays 100% of Sum Insured if death takes place within 12 months of accident |
| Transportation of Mortal Remains | 2% of Sum insured or Rs 5000 whichever is lower |
| Hospital Cash | Covered; Rs 1000 per day upto maximum of 30 days |
| Medical Expenses | Covered; Reimbursement upto 40% of valid claim amount or Rs 5 lakh, whichever is lower |
| Children's Education Bonus | allowed in case of death or permanent total disablement; Rs 5000/- for a child or Rs. 10,000/- maximum for 2 children below the age of 19 or 10% of capital sum insured, whichever is less |
| Exclusions and Waiting Period | |
| General Exclusions | Pre existing condition or any complication arising from the sameAIDS and HIV or other related diseasesWar, participation in any criminal activity or any other related condition |
| Premium per Rs 1000 Sum Insured | ||||
| Risk Class* | I | II | III | |
| Premium Rate (in %) | 0.45 | 0.6 | 0.9 | |
| Medical Expenses | 25% of above premium | 25% of above premium | 25% of above premium | |
| Hospital Confinement | Rs. 300 per person | Rs. 300 per person | Rs. 300 per person | |
| Premiums depend upon nature of occupation and level of risk involved. . Premiums are exclusive of service tax. | ||||
| *Various Risk ClassesRisk Class I : Administrative/managing functions, accountants, doctors, lawyers, architects, teachers and similar occupations.Risk Class II : Manual labour, garage mechanic, machine operator, paid driver, (car / truck / heavy vehicles) cash carrying employee, builder, contractor, veterinary doctor and similar occupationsRisk Class III: Workers in underground mines, electric installations with high tension supply. Jockey, circus performers, big game hunters, mountaineers, professional river rafters and similar occupations. | ||||
