Bajaj Allianz Health Guard Individual Health Insurance

The Health Guard Individual Plan holds many amazing elements one can’t resist. To ensure the availability of proper medical care for people without letting their savings get exhausted, the plan carries basic to significant features. The basic components of the policy comprise in-patient hospitalisation treatment, pre and post hospitalisation, and so on. While the plan includes several major attractions as well which are as follow:

• Coverage for bariatric surgery or procedure
• Availability of coverage for listed daycare procedures
• Coverage related to maternity and a newborn baby is provided
• Cover the expenses of ambulance up to Rs. 20000 every policy year
• Free preventive health check-up is provided at every 3 years of plan
• Expenses incurred on organ donor are covered up to the sum insured
• Coverage for convalescence benefit is available for up to Rs. 7500 per year
• Option for Homeopathic and Ayurvedic hospitalisation cover is available
• The option of sum insured reinstatement on exhaustion of the sum insured

Apart from the features of coverage, the plan occupies some components to offer profits to policyholders. These extra benefits increase the value of the plan and make it a one-stop solution for many people. Following are the additional features of the plan:

• The option of lifelong renewability
• 10% cumulative bonus benefit is given for each claim free year up to 100%
• A family discount of 10% is offered for registering 2 members of the family, whereas, 15% is given for 3 members
• Long term policy discount of 4% is provided for taking 2 years plan and 8% is offered for 3 years plan
• Tax benefits are offered under the plan on the premium amount paid​

With so much to offer, we can conclude that the Health Guard Individual Plan is a perfect way to end your search for an individual health insurance policy.

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Organ donor expenses cover the cost incurred in harvesting the organ from the donor.

Under convalescence benefit, if the insured is hospitalised for 10 days or more, the plan pays a lump sum benefit for recovery. This benefit depends on the sum insured opted. For Silver plan, the benefit amount is Rs. 5000. In Gold plan, the benefit amount is Rs. 5000 for sum insured of up to Rs. 5 Lakh. For higher sum insured levels the benefit amount is Rs. 7500.

After every 3 policy years the plan allows free health check-ups. The cost of the health check-up should be up to 1% of the sum insured or Rs. 2000 for Silver plan and Rs. 5000 for Gold Plan, whichever is lower. The check-up is allowed for each covered member under the plan.

Yes, treatments taken under Ayurveda, Unani, Siddha and Homeopathy are covered under the Gold plan variant. Maximum coverage for AYUSH treatments is, however, limited to Rs. 20,000 in one policy year.

Coverage for maternity is available only in the Gold plan after a waiting period of 6 years. Expenses are paid for up to two deliveries, normal or Caesarean in nature. The coverage limit for deliveries would depend on the sum insured opted. For coverage up to Rs. 7.5 Lakh, the limit is Rs. 15,000 for normal delivery and Rs. 25,000 for Caesarean. For higher sum insured levels, the limit is Rs. 25,000 for normal and Rs. 35,000 for Caesarean delivery. New born baby cover would also be available if maternity cover is claimed under the plan.

Bariatric surgeries would be covered if the insured is 18 years or above. The obesity should be severe in nature. BMI should be 40 or above and the insured should have a coronary heart ailment or medical refractory hypertension or type 2 diabetes mellitus.

Yes, a waiting period of 36 months would be applicable for covering bariatric surgeries.

Medical tests are required only if the insured member is aged 45 years and above.

A cumulative bonus of 10% of the basic sum insured is allowed for each claim-free year up to a maximum increase of up to 100% of the basic sum insured after 10 claim-free years.