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BAJAJ ALLIANZ EXTRA CARE PLUS

BAJAJ ALLIANZ EXTRA CARE PLUS
In times of rising medical cost, It is important to consider the fact that with rising inflation the existing health insurance cover may not be adequate, at the same time buying a large insurance cover may not be affordable Now a solution where in  one can enhance the sum insured and add extra protection to one’s existing health plan, with Extra Care plus Policy which provides an additional cover to your existing health insurance cover and provides wider health protection for you and your family. This policy is a perfect fit for a wider health insurance cover to take care of the rising health care expenses.

THE SPECIAL FEATURES OF EXTRA CARE PLUS POLICY
• Floater policy for proposer/ spouse/ dependent children/dependent parents (dependent parents under same policy)
• Entry age 91 days to 80 years
• Wide range of sum insured and aggregate deductible options
• No pre-policy medical tests up to 55 years of age (subject to terms & conditions)
• Pre-existing disease covered after 12 months from your first Extra Care Plus policy
• In patient Hospitalization cover
• Pre 60 days and post 90 days hospitalization expenses cover
• Emergency road ambulance cover
• Option to opt for Air Ambulance Cover
• Day care procedures as defined under the policy
• Free health check up once in 3 years. Amount Payable is pre decided.
• Maternity expenses including complications of maternity subject to certain waiting periods and policy terms and conditions.
• Income tax benefits under 80 D of the IT Act on premiums paid for this policy, subject to changes in the tax laws.

An illustration as to how will it work.

Case: Insured has opted a plan for 2 members, Sum Insured is Rs-10,00,000 and Deductible of Rs. 200000. The Policy Period is from 01-April-2017 to 31-March-2018

Sum Insured: Rs. 10 Lacs ; Aggregate Deductible Opted: Rs. 2 Lacs
Claim details
Date of Hospitalisation
Total Claim Amount
Deductible Utilization
Balance deductible
Payable by insured(if any)
Payable under Extra Care PlusPolicy(inRs.)
Claim 1
10-Aug-2017
1,50,000
1,50,000
50,000
1,50,000
0
Claim 2
10-Sep-2017
3,00,000
50,000
0
50,000
2,50,000
Claim 3
10-Oct-2017
7,50,000
0
0
0
7,50,000



WHAT ARE THE SUM INSURED OPTIONS UNDER THE POLICY?

Sum Insured (in INR)
Aggregate Deductible Options (in INR)
300000
200000
-
-
-
500000
200000
300000
-
-
1000000
200000
300000
500000
-
1500000
-
300000
500000
-
2000000
-
300000
500000
1000000
2500000
-
300000
500000
1000000
5000000
-
300000
500000
1000000

This policy covers maximum sum insured upto Rs.50 lakhs. It is advised to read the policy conditions and the exclusions in the policy before subscription.



Should you need to know more kindly email us at
planmyinsurance@gmail.com

 DISCLAIMER :
ALL THE BLOG POST EXPRESSED HERE ARE MY PERSONAL VIEWS .
THE POINTS STATED AND GIVEN ABOVE ARE JUST FOR EDUCATIONAL & INFORMATION.
NO CONTENT ON THIS BLOG SHOULD  BE CONSTRUED AS SOLICITATION FOR INSURANCE.
ONE IS ADVISED TO READ AND UNDERSTAND THE FINE PRINT POLICY TERMS & CONITIONS BEFORE SUBSCRIBING. 
THE AUTHOR ACCEPTS NO LIABLITY FOR ANY INTERPRETATION OF ARTICLES OR COMMENTS ON THIS BLOG BEING USED FOR INSURANCE.
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